., 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.

If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.

You typically won't start seeing significant response rates until after your 3rd or 4th round of mailers. 

@Robert Lorenz Thank you for the response.

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

Thank you for the quick response, Sam.

I will always tell the individual I have a real estate license.

If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.

Thank you to @Daniel Hyman and @Matt Garboden for the responses regarding QuickBooks.

ok thanks for the response John sounds like you have done these type of transactions