But it seems like it falls through or people aren’t necessarily as serious about it as I am 🤔.

Worse case, if plan for the upside portion aren't approved, I would still see $400k once all is said and done.The only thing I am a little concerned about is the over-all political and economical climate of things in New Jersey... although this particular municipality has weathered the financial turmoil of the past exceptionally well due to proximity to NYC, etc.Is anyone on this site still playing in the New Jersey speculative market? 

To get the cash out of these IRAs, can he loan me his IRA and I loan him mine and then cash them out, due to the fact we aren’t prohibited members?

I’d ask whoever you are interviewing if they think you should be buying stocks right now and if they say yes you know they aren’t a good financial advisor.P.S.

If you want to begin scaling up, 2-4 unit buildings can still be leveraged with residential mortgages but lenders will require 25% Dow if you aren’t occupying one of the units.

If you don't have many assets to protect, you really aren't much of a target for a lawyer. 

Here's the dilemma: in this market, we aren't quite hitting the 1% that we'd like to.

It is so crazy expensive to run one and If you aren't putting dozens of bunk beds in your place and charging per head the cash flow can end up being less than renting especially during off season.

Even if you aren’t using your own money, you want to have at least 6 months of reserves.Realize that real estate is a long game.  

But one thing I noticed more then anything as I am still young and that of younger a acquaintance is that they have tendencies that they aren’t remotely aware of.