If somebody knows about these loans, I ll gladly listen.To make our situation clear - Me and my husband work at dead end restaurant jobs, therefore we have no money!

An investment like this might just be a point of diversification, akin to investing in dividend paying stock in a strong company (like MO).

While you could choose an "S" corporation and have pass-through tax, there are a number of problems with this: (1) you are possibly creating character mis-matches of ordinary income and passive losses, depending upon the level of management activity you have; (2) a buyer is not generally likely to want to purchase your fractional interest in stock - they will insist on a discount or worse, an asset sale. 

Give you the wherewithal to pursue and achieve your long-term goalsMany investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behavior will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals.

I think we need to evaluate the holding costs/opportunity costs and make a decision from there.Quick question for you guys - do you think newspaper advertising is dead?

Hi, sorry link was dead, check image below

I'm glad that account is closed (unless he wants to come back from the dead and haunt us all with his miserable arguments). 

My first post aside from Intro, so hope this is the right place and would welcome any insights.I have an Entrust SDIRA that I funded from a roll over of some stock I had from a previous company I’d worked for and had basically ignored until recently.I have a person in FL that I (Lancaster County, PA) want to give a small 30K first position mortgage to.

"You had the chance to pay for pest control and you chose not to" is our stock response with pest complaints.

Wait until your dead, the downside risks will have been baked into the cake by then.