Probably needs more info - is there existing debt on the current rental property?

In the initial years, cost segregation and other deductions can often offset much of this tax, so UDFI shouldn't deter you from real estate investing within an IRA, as it can still be a lucrative retirement strategy.

If you figure out how much you would need to have passively to just get by bare minimum, and still get the occasional coffee or take out then you can figure out what you would need to buy for property to achieve this.

You do not need a  mentor program, see if you can attend a  few meetups and then do a Joint Venture or equity deal with one of the investors there  and start from there.

How much skin in the game is the borrower providing?

I have a need for an updated lease that includes the changes to Colorado law last year.

We have it listed for $184,900, and it seems like it could work either as a rental or a quick cosmetic flip.ARV: ~$235K based on comps in the areaRental Potential: Estimated rents around $1,700/monthCondition: Cosmetic updates needed but nothing major from what I can see.

If you need any help let me know and I would be happy to help.

I don't use BP much since I'm in Subto and usually in that space, but if you're doing deals down here let me know! 

Here's what you need to know:1.