Now of course it's ideal to get rid of a blighted home in a community, but you at the came time, create one less home for someone to live in if it were fixed up.

Man, @Chris Jackson you are an inspiration and I hope to one day replicate the success that you have created thus far.

., the IRA participant, his or her parents, children, to name few).The IRA participant is not allowed to use the property for personal use.Invest in Real Estate Using a LLCWhen both the IRA participant (in this example Jim Brown) and his IRA pool their funds and invest in an LLC for the purpose of investing in real estate, title to the property is taken in the name of the LLC.For example, if the name of the LLC is Buckeyes LLC, title on the deed would read Buckeyes LLC.Just like above, the LLC cannot obtain a loan and the IRA participant and other disqualified individuals are prohibited from using the LLC owned property for personal use.ANOTHER OPTION Your father can use retirement funds to invest in real estate operating company that is structured as a C corporation.

@Darius Moezinia Refinance right after the completion of a 1031 is perfectly acceptable and is a frequently used strategy when cash is desired by the exchangor who does not want to create a taxable boot situation by taking cash or be seen as inappropriately accessing profit by a refinance immediately before a sale that begins a 1031.

I have created an account, and when I put in my credit card info, it did not pass.

These individuals occupancy would be no less than 1month and up to 3months. 

You're going to need to learn how to estimate by creating a scope of work and then signing values by getting bids.

The original poster @Josh Flaucher stated as his goal to create enough passive income to quit his job and be able to travel.

I help and show other people how to use some of their savings to create streams of income so they can feel better about their finances.

I'm a sales analyst from Columbus, Ohio and am currently learning all I can about small multifamily investing toward the goal of creating a house hack for my family by summer 2017.