The tax cost is generally a good bit less than the boost in return, so you still get a net higher cash-on-cash returned from leveraged property purchases in an IRA.If you say "Taxes are going to cost me $4000 (or whatever)" that sounds discouraging.  

@Orlando Goodon ok so that area is the heart of Passaic Park.

There are companies that specialize in this  of course they are either licensed or they take title before marketing them.. a developer will go around you in a heart beat.. if you don't have the money to close.. last year I bought a 5.5 million dollar piece of dirt from a middle man.. but he spent two years and a lot of money getting the project through master plan environmental etc..

Unlikely a 10k rehab will give you 50k boost in ARV.

Also we have one of the largest schools in the nation right in the heart of our city. 

This is one business where a big heart creates a thin wallet .

This gets to the heart of the matter. 

Thank you in advance to anyone with a generous heart for mentoring and wanting others to succeed.

I am still on BP and have started to take free courses on real estate finance to try and give myself a boost. 

We set proper boundaries to our tenants with the expectation that rent is paid on-time- not only helping them make financially wise decisions, but when the proper programs are in place- you can help boost tenant’s credit scores with positive on-time payment reporting.