If you are ever in the Chicago area hit me up and I will show you how we operate! 

With the Checkbook IRA LLC, the IRA itself is at the back end and simply owns an IRA for which you can have signing authority and operate out of a bank account of your choosing.Again, if the IRA will have equity in the flip, then the IRA is engaging in a trade or business activity as opposed to passive investments such as hard money lending or rental income.  

Not knowing your experience level, I highly recommend that path for the newer investor who is operating with limited free time but wants to get going.

No problems here.However from January 2016 until when I sell it, I will have no rental income and therefore operate at a loss.

The prevailing formula is 72/84For a park where the tenants pay water/sewer: Lot Rent x Occupied lots x 84 = Price at a 10CAPFor a park where the park pay water/sewer: Lot Rent x Occupied lots x 72 = Price at a 10CAPKeep in mind this formula only shows you what the potential of the park is under normalized operating conditions.  

Do you only like to operate in a certain area of MA?

We are Realtors/Investors operating from our RE office (Top Bragg Realty & Prop Mgt) on Raeford Rd so I'd be happy to meet with you to discuss any upcoming projects.

Title companies are regulated by the NJ Department of Banking and Insurance, and we operate under the same guidelines as any and all settlement agents in the state of NJ.  

The issue with ONLY using this method as a way to invest is that it fails to take into consideration: 1) vacancies and bad debt (i.e. uncollected rent); and 2) operating expenses (including: taxes, insurance, repairs & maintenance, capital reserves and utilities, property management, super(?)).

He operates three or four of these now under his nursing license.