I'm an Ex-NFL athlete (currently a Free Agent) that's looking for the next step after my football career and I think REI will be the perfect fit.  

This is a more complicated strategy that involves the use of a non-recourse loan for the IRA, as you may not pledge a personal guarantee. 

What are the other cost involved beside the development cost.Any help would be appreciatedThanks

I wonder though if anyone has any advice on how to get into rental properties and make it fair for all parties involved. 

I don't have 20% to put down on a $160,000 triplex or fourplex and the lower cost associated with townhomes is why I think it would be a better fit for me.

Boyle Heights has been on my radar for the past few months since the MFR fit my budget.

Excited to get involved, learn more, and do my best to help those in the community.

At this point, the goal is to deal with the person, who is handling the transaction and try to get out whole. glad to see my guess of 5k was about right.. that's what I have personally seen on the short sales I have been involved with.. never really seen more than that.. just hoping she only paid pennies on the dollar and is not in that deal like 15 to 25k.. if that's the case I think she is going to lose some dough.

So to begin I’ve been trying to review MLS listings daily and I just contacted my realtor to get Hot Sheets emailed for properties that fit what I’m looking for.

There's risk and cost involved if they have to foreclose.