Maybe tax deferred if they lent from their IRA or other....

generally make a few  a year out of their IRA etc.

I live in South Carolina, own my first home (3 years into a 30 yr mortgage), full time firefighter, debt free (except for mortgage), and have a Dave Ramsey approved emergency savings and reg contributions to a Roth IRA.

@Chris Semklo I would go with a title company all day long; they are already involved in the process, I know my SD-IRA custodian offers 1031s, but not sure what the proposition of a QI is vs a title company is.

Then, think of the other side as the 'Passive' activities/investments, in which is solely for HOLDING ASSETS, that ideally are generating a return(buy & hold real estate, IRA's, 401K's, investment accounts, etc).Hope this helps!

Who are the others-involved-friends, family, strangers, Ira/401k,etc?

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Kids can then fund their own IRA  and college education fund that can again grow tax-free and can also invest in RE via those accounts. 

I agree with this.I had my CPA and attorney put their heads together and agreed that I have one bank account that receives all the money from all my non IRA properties and that account pays all the bills.

I’m looking to invest through self directed IRA and I understand that I cannot have recourse loans.