Can they buy food with equity?

With Kennedy King College buying land and expanding as well as BNSF Railroad, a 50 million dollar infusion from state and city funds, along with anchor stores Whole Foods, Starbucks, and Chipotle, Al and Heidi were able to secure a buyer at full list price 215k even before they had completed the rehab!

Throughout those 4 years I have managed to freelance my way to helping with basic necessities such as gas, books, food, cell phone, insurance, car expenses etc, simply because I did not want to be a "crew member" of any job out there.

IF you aren't there (like if you left to get some food), then you have to go in pay a $30 fee to reschedule, and hope they can fit you in quickly again.If the temps drop below 15 degrees, all evictions are waived off/postponed.Here is the link: http://www.cookcountysheriff.com/faq/faq_evictions.html

They "swore" they could meet the rent because they also got food stamps (!) 

Or you can drive over just to pull it out every time (which could work if it is on your commute, but pretty laborious).A second potential issue if you have urban animals--racoons now live in most urban areas across the US and Canada--or even dogs or bears (oh my), you also have to make sure tenants rinse out things like canned food and only put in like the tops of pizza boxes (not the bottom with all the debris and grease) and on whether your tenant population can or will do this, see my personal management point above...

) WELL if they are hunger might as well provide the food !

But the case where you are buying, rehabbing and selling within your IRA would in most cases not be applicable for UBIT, here is food for thought or arguments:(1) Your IRA is not you, and your IRA is for your benefit, and is managed by a directed trustee or custodian for your benefit(2) Any investment in your IRA will be deemed as Passive Activity, since you cannot materially participate in the investment from your IRA (else it is a prohibited transaction)(3) Your IRA does not file any self employment income taxes(4) Your IRA may file UBIT based on UDFI (assuming the IRA has borrowed funds for acquisition or rehabilitation)Now if your IRA invested in an pass-through which did the flips as you describe, the entity itself first must satisfy the requirement of a "real estate operating company" to receive any exemption, else if it does not it could generate a UBIT for your IRA as an "operating company".As others have mentioned, please work with a knowledgeable professional in this space for your specific situation.

After "First Thursday" of the month, the food trucks hang out.

(Just food for thought)On the mentor part, that's completely up to you.