Originally posted by @Bob Woelfel:@Brandon Allen...my main concern for you on this would be your rehab budget. 

@Bob E. 

Bob

Thanks Bob! 

@Bob B.

Originally posted by @Bob Bowling:@Joshua Dorkin for posting this link to J Scott's blog on analyzing a property.

@Bob SandersThere are a few main self-directed IRA rules that will result in severe tax consequences:The IRA cannot do business with; You, the IRA owner, Beneficiaries of your IRA, Your family members (Spouse, Parents, Grandparents and great-grandparents, Children and their spouses, Grandchildren, great-grandchildren, and their spouses). 

Begging to get caught, in fact, because as he was getting the aforementioned knob-bob, his foot kept pressing on the brake pedal, lighting up his brake lights, over and over again.If you don't know the story, do a search on Divine Brown, circa 1995.

Bob

FNMKN$Bob Wolf