This is quite a bit more expensive than what you state above.The other responders are also correct that when looking at using a self directed IRA as a strategy to build wealth for retirement, you don't look at it as a way to make current income as this would be prohibited.Many of our clients, however, have considered holding real estate as a still profitable venture in their SD IRA even with UBIT.

I would recommend using a Realtor or better yet getting your license for your own access.Logan Square is virtually impossible, look at Avondale or surrounding areas.Im very familiar with Bridgeport,  looking right now there are 12 multi units under $400K.  

When using a realtor to find a property that you end up wholesaling, what is the general protocol for paying them if you assign the contract and technically never close?

The dust is not good to breathe in.Drywall can be cut with the snap and score method using a utility knife and straight edge.

Our GC is also a RE investor and has valuable suggestions on certain products to use in our rentals (flooring etc).We are using a well established professional property management company that is locally owned and operated.

Along with QB is anyone using a rental software program like AppFolio, buildium and if so what are you using that program for vs QB

I bought my first house in PA in 2008 for 75k and just refinanced it in October using a VA loan now it's rented for 523 a month and my mortgage is 437 I owe 65k on this propertyIn May I bought a 4 unit complex in Colorado and put down 60k on a 240k property that I have only been able to rent 3 out of the 4 units for the last year so it's paying the bills but not cash flowing a lotWhen I got back from Afghanistan in June of last year I got my real estate license in Vermont because I wanted to learn how others were making deals...I'm beginning to think the money isn't in being an agent it's in having a team of agents?

Therefore it is entirely possible they don't keep those kind of records unless the individual lender files something.Try using a list broker like melissa data, listsource, or usleadsBest of luck!

Many Realtors will suggest purchasing a MFR using a FHA Loan, to reduce your out of pocket money.

You mean using a HML to purchase someone's home directly?