I am located in Denver, Colorado and am undecided on whether going for a single or Multifamily property while I've educated myself.

@Mark Senecal  I have found this video to be very educational - it discusses the advantages and limitations of the self directed IRA how to use it for real estate investments.

Not only can you network with other investors from around the world, you can access all kinds of information including free online videos and educational courses.

If you have a pile of investable cash burning a hole in your pocket and don't have the experience or knowledge to separate an investable deal from one that isn't, or how to operate that deal after acquisition, then you are better off keeping that money in your pocket (or your friend's pocket as the case may be) at least until you are educated enough to do this and/or the market cools to where there is a bit more margin for error (and profit).

Mark Puzdrak at Five Stone Tax Advisors has done our taxes for around 10 years now.  

Feel free to Pm if I can help answer any questions.Guess a game plan I would follow would beGoals Education Getting you Financial picture in order to jump in.Sincerely Alex

I am just starting my real estate education and am on the site to learn as much as I can before I jump in!

You can find more resources under Education for your REI learning.

Wouldn't the acquisition fee be during when one "closes the deal".My number one reason for tackling apartments is for the education/process and to make my investors money.

Best/first thing to do is get educated.