In 1974 ERISA (Employee Retirement Income Security Act), states that you can invest your retirement funds in any investment of your choice excluding life insurance policies and collectables.Jon suggested that Lito was attempting to create a much larger IRA account fast.

I prefer to assign.

(I would prefer to start local before trying to purchase RE remotely)Thanks!

I use a group called Investors Choice Indy They do a great job for me as I am based out of state by about 4000 miles!!

Dont drink anything but water, preferably filtered, not distilled.

10K is may be too much for an assignment fee on that.To me you should be getting ATLEAST $2,000 per, but I prefer making atleast$5,000 assignment fee, I uslaly as a standard start at $5,000, if it looks like I have a great deal and can make more, GREAT.

I understand your 50% rule of thumb completely, I just do not think it is accurate for all investments and I make a personal choice to use other calculations.

Mets are a good choice for the NL so I am saying Mets vs Tigers, Tigers take it in 6, the Tigers have a crazy batting order this season, but they still need to beat the Red Sox in order to prove themselves.With all of that said, Go Stros!

We are relocating and prefer to lease before we commit to a home.

It almost seems as if this is what the law prefers investors to do.