You'd have to check your local zoning laws to see exactly what that designation means and what the restrictions would be.

I did however pick his brain enough to be able to figure that there are no restrictions or reasons as to why I couldn't do the whole job myself.

Wells are also restricted, so water utilities are a big deal.As to contracting, you could buy and close in 2 weeks and cross your fingers speculating or you might negotiate a closing 90 or 120 days out with contingences that your requirements be met along with seller's assistance.Get with a developer and just have an initial meeting, that should be free.

I think any of these can be an effective way to grow your retirement account if you understand the business model and are willing to work through the restrictions and extra layers of paperwork that are a part of SDIRA investing.I would love to hear from other investors who have had success with SDIRA investing.

Is it a budget restriction you are under as to why you are thinking about that route?

Currently have it rented to a long-term renter who takes great care of the place.Right now I am trying to increase my knowledge base and looking for additional opportunities for getting some SFR in the Granbury/Ft.Worth area.Our current cash flow is restricted with 2 kids in daycare.

And of course, with all new contractors or handymen doing anything bigger than tightening a screw on a door knob, there are some great ways to safeguard yourself: -Hire top rated workers (Angie's List, Home Advisor, or referrals from other investors or contractors) -Ask for and vet proof of license, bonding (if applicable) and insurance -Get contracts with specific scopes of work, timelines, and payment schedules that match up to completed work.Wow.

With my feet firmly planted on the ground. ..If one is not acting in fee for service capacity, or an attorney, are there some restrictions on helping people get loan modifications or short sales?

Hi Wayne,The banks have made it difficult for a Wholesaler to assign properties with the deed restrictions and assignment clauses but using a Land Trust totally eliminates these restrictions allowing the Wholesaler to profit on EVERY real estate deal.But you provided the correct answer and I am satisfied.

It all leads to an extremely restricted housing supply and hence RE inventory is almost zero.