Closely related to cash reserves.Focus on those two main metrics, and one will be as prepared as they can be.

I will be mainly looking at the fairbanks and surrounding area.

Wholesaling is mainly about being able to negotiate a good deal. 

Generally speaking advantageous tax treatment follows.Assuming active participation and AGI is below phase-out, expensed items will reduce taxable income, which seems like mainly W-2 income.Consult with your CPA/EA.

Cash flow is not important at all; my main interest is going free & clear on this property.  

That way you can benefit from the forward momentum of cash flow to build a larger real estate portfolio.Cheers!  

I am in the process of purchasing a triplex in central Maine and was wondering about insurance company options out there.

I was very excited.The only problem that we found was that during the sewer inspection, the guy said he ran into some problem with the main line where the camera got stuck but he didn't know exactly what the issue is. 

The main entrance has an office, multi purpose room, bathroom and coin-op laundry room.

Anything falling within that description would be self-dealing and result in severe tax penalties for the IRA.A self-directed IRA allows the IRA to diversify beyond the stock market into assets such as real estate and private lending, but everything is done through the IRA and exclusively for the benefit of the IRA.