Unfortunately I’ve been looking at a blue screen for ages.

If someone does not read the instructions or call for help, they get what they create.All IRA horror stories have one common root - failure to educate oneself on the process.This can stem from several sources:Plan providers that focus on marketing, not education.Plans that do not come bundled with access to quality ongoing support.Investors who just think of this as "an account" or "a pile of money" and do not respect the fact that with the freedom to take more control over their investment portfolio comes a responsibility to be aware of and operate within the rules.For investors who take the time to be properly educated and work with a quality provider, there is very little risk. 

Personally, I would do a better job of screening until I found a good PM.

Hi @Allie Barke, CapEx or condos are waaaaaaaaaaaaaay lower. https://www.biggerpockets.com/blog/2015/10/13/real-estate-capex-estimate-capital-expenditures/The article does a good job of listing the costs line item, but does require adjusting based off the quality of your condo, and your market. 

Invest your money into quality cashflowing local properties, then use the proceeds from those to fund vacations.

In fact, because most checkbook plans offered by quality providers come bundled with meaningful support, you actually have better guidance and lower risk than working with a custodian that is purely a processing agency and cannot provide guidance by rule.Lending works well in an IRA, as it produces passive interest income that is fully tax sheltered to the IRA. 

Newbie flip investor here.I would like any advice on how to research, screen, and interview GCs for rehab projects. 

All the variables are generally the same as with the 10-unit that you just closed, same age building, same quality build, similar square footage per unit, obviously same localities.

It's a big book full of practical advice from marketing, screening, leases, collecting rent, etc.

You going to manage yourself 10%, screen the tenants (between 1/2 and 1 month of rent for placement) fix the plumbing (hot water heater goes out $800), toilet clogs $150.