@Alina TrigubThose are great questions for me to ask.

I am getting myself more and more confused with each thing I read regarding which business entity is best for me.

At the end of the year they (IRA custodian) will issue form 1099-R reporting distribution as taxable income to you, which you would have to enter on your tax return and pay tax on.

I knew nothing about the basics of real estate and after confiding in my dad that this is what I wanted to do he pointed me to Bigger Pockets, which I then learned by all the educational tools that not only can I do what I know I would love and enjoy doing but that it will give me a life I'd want for myself and my family that no other job could do for me. 

I don't know if I'm just over estimating repair costs or if I'm just missing something.As a realtor, I know my ARV is spot on that's the easy part for me.

Are there lenders that that can allow for me to compete with the Cash Buyers who scoop up everything within days of hitting market.

I can see a situation where you and a person very experienced in property management team up and form a company to acquire assets and each of you get some sort of split of the revenue (and expenses) of that company. 

So I know this contractor who has done a few jobs for me at my own home. 

In the past, I just write an offer that works for me and then if they don't like it, I walk away.This guy wants the appraised value of the house from 2013 which is 250k.

In addition, you can form good relationships that can serve you later on in life as your peers also get successful.You can learn all the things by jumping straight into becoming an investor, but the cost of not knowing something and learning can be costly.