In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

An example would be a 2/1 1500 sq ft house I acquired for 2k, yes, $2,000.

Be a bit patient in acquiring your first property to where you know that the rent from the other tenant(s) will cover your entire mortgage on that building.

My questions now comes to creating a partnership  where 3 of us are all GP's utilizing investor's (LP) money to acquire, develop, and cash flow multifamily type developments. 

For these reasons, I feel like it’s best to leave existing loans in place and try to acquire new ones at more favorable rates.  

In the long run, the goal is to do a 1031 exchange over and over again until we acquire more units/an apartment building for passive income.I am, however, also very interested in rehabbing and flipping homes.

I, too, want to acquire an owner occupied multifamily. 

In the last two days, I have driven for deals and have acquired a list of 200 potential leads.

Fortunately, this was remediated this morning and confirmed by the inspector.

  ( I have temporarily remedied it by killing the power to most of the house at the breaker )My experience matches the descriptions of EMF sensitivity.