That has a lot to do with the properties I target and the risk I take.It is not likely a bank will work with you, especially if it is a large national or regional bank.

Check out the nearby members and network https://www.biggerpockets.com/meet, it will help you a lot to find partners that can help you out in investing.

None of these schemes gets one out from under having a robust Compliance Management System to deal with these federal requirements.

He's employed me to list 4 private bedrooms on AirBnB, and to develop a way to automate the rental system. 

Alternately, some investors choose to forego the tax exposure and use the IRA in passive ways such as being a hard money lender to flippers or investing in rental income properties.So yes, there is a lot to learn, but once you get a handle on the framework of how a self-directed IRA fits into real estate investing, you should find that such a strategy can produce superior results for your retirement wealth building.

A LOT to absorb for sure!

Needed everything else, had to reframe couple of rooms floor systems and did a lot of exterior yard work such as grading and clearing.South single family: purchase $19k, rehab $37k (projected) we just started work on this but have a conservative budget.

Finished my first real estate investment class, ready to get out there, looking for a mentor and learn from the best, while becoming a support system in this industry.

So for example, if all 4 of the HVAC systems in this 4 plex are 10 years old, and the typical lifespan of a HVAC system is 20 years, then you can assume that you'll likely have to replace those HVAC systems over the next 10 years.

Means a lot to keep me on a solid path.