Hi Kenneth,I' m Mary and I work in Italy, if you look to invest as a beginner Italy could be a good choice, it's not so cheap as Ecuador I guess (I don't really know about prices in Ecuador) but it' s very safe and children are here more then welcome...

Children Childern

You will need to be on your toes at all timesYou will run into set backs (often)You will need to evict peopleYou will need to throw families onto the streetYou will make children homelessYou will have your house damaged You will need to hire a team of highly skilled people to be your eyes and ears on the groundYou will pay a premium for services provided on your real estate portfolioYou will be harshly judged by those outside of the industryYou will need to make decision based on the best interest of your business and not your feelingsWorks out great for some.

It was listed at $530K which was extremely cheap for a 4-unit, comparable that were smaller in size than this has previously sold in the 700s.Issues with the listing:Priced too low (this isn't a single family so competition isn't as fierce)Listed on the Commercial Board but not residential (weird mistake here as it's a Fourplex)Was listed in an Offer Competition on Mother's Day Weekend.Issues with the House:All four tenants we're disgusting (Pets, reptiles, children, brutal smell, etc)Three of the Four had lived in this house 10+ years through multiple ownersCurrent owner had attempted to evict them and lost in court (learned this chatting with one tenant, who let us walk through his unit after asking nicely 4-5 times...lol)Current rents we're very low on every unit.More to come

Be advised that if there are children under 5 years old living in that property ( that you know of) you will have to get a LED certificate.

So, the area is good enough to raise children in.

Holding LLC is a regular income business providing management services to children LLCs that actually hold rental properties and are passive income.We would purchase the car from holding LLC funds, would that make a difference?

We are not charging them for the siding which their children drew on or the walls as we will be repainting the entire home and residing the house (old siding and might as well do it since we have to do the windows). 

That is because my goal for my first 4 houses has been to get them bought, rehabbed and paying for themselves entirely independently of the rest of my portfolio, and to have them paid off in time to gift one to each of my children.  

Here is a list of prohibited persons:Examples of disqualified persons for IRAs or 401(k)s are: The IRA holder and his or her spouseThe IRA holder’s lineal descendants (children, grandparents, etc.)