While there is not penalty, I would suggest someone not doing this excessively as most of my bids accepted are asset review and I believe have a good relationship with the asset managers and having a reputation of following through gets me more of my lower offers acceptedRespectfully, I am not inclined to release the exact percentages that will probably be accepted.  

The consequences of "blowing up" the entire IRA are so drastic that for my taste, I would rather error on the conservative side and NOT do any property management for my own or any other disqualified person. 

Any recommendations for an agent in Indianapolis that deals with rental properties and has a good reputation?

If present, methamphetamine can have adverse consequences.

I guess I just felt the need to clarify because I feel like Everett doesn't really get the credit it deserves sometimes, and is still suffering from a "blue collar" reputation that it certainly did deserve in the past. 

Your best bet would be to find a reputable VA Lender and talk with him/her about the process and what you're hoping to do. 

Eventually we want limit our area of influence to a smaller niche but we need to find properties where we can get on the map and do a few deals to start building a reputation and generate income.

From my perspective, my name and reputation were on the line and at the end of the day if something went wrong and the bank foreclosed, I would have still done everything in my ability to make my "Private lender" whole and repay that debt.This was another investor, so he approached it with an investor mentality. 

Here are some reasons you don't pay more if you work with a reputable turn key company:1.

Go hands off, and the consequences could be worse.