![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/191649/small_1621432180-avatar-allfree.jpg?twic=v1/output=image&v=2)
23 March 2018 | 14 replies
The hard part is finding enough people that get along with each other that they can stay under the same roof together.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1000195/small_1621507153-avatar-griffd12.jpg?twic=v1/output=image&v=2)
16 March 2018 | 4 replies
You can buy a property but all income, expenses and any profit stays within the IRA.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/140282/small_1694632198-avatar-billy_bob.jpg?twic=v1/output=image&v=2)
16 March 2018 | 0 replies
I decided he could "work for rent" and stay at the property while he was remodeling it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/401173/small_1695535176-avatar-rbah.jpg?twic=v1/output=image&v=2)
16 March 2018 | 5 replies
When you are starting, I definitely recommend staying close to home.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/169342/small_1621421059-avatar-chicagobrie.jpg?twic=v1/output=image&v=2)
19 March 2018 | 62 replies
We already know the days of finding a company and staying there till retirement are gone.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/989627/small_1621506945-avatar-jimmyr26.jpg?twic=v1/output=image&v=2)
24 March 2018 | 21 replies
The funds do not HAVE to stay in an IRA, but you would be subject to distribution taxes and possible early distribution penalty depending on your age.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/933424/small_1671459696-avatar-jigsawjack.jpg?twic=v1/output=image&v=2)
20 March 2018 | 2 replies
You mentioned that you already know people down there, have you considered maybe staying with one of them while you look for a place.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/270456/small_1621438900-avatar-dverley.jpg?twic=v1/output=image&v=2)
2 April 2018 | 37 replies
Personally, I stay far away from seconds and generally advise others first getting into purchasing individual notes to do the same.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/791390/small_1621497496-avatar-ernestoh4.jpg?twic=v1/output=image&v=2)
23 March 2018 | 5 replies
While I don't do a Schedule E for that property, I do have a rent check that covers the mortgage for the entire duration of the purchase and her stay there.Would that suffice?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/589701/small_1677594968-avatar-seanl41.jpg?twic=v1/output=image&v=2)
19 March 2018 | 3 replies
Or more specifically, a type of flooring we would want to stay away from?