Too much rehabbing with flipping -- I would want things more than good for a retail market, whereas there is "good enough" for a rental market.So far I've never hired a property manager; I self-manage as I too have heard bad things about property managers.

If I use a self-directed IRA LLC with checkbook control to fund the lease option consideration, can I then deposit the profit from flipping the lease option into the SDIRA tax free?

Anyway, here's what the fact sheet says:The final rule approved today makes changes to Rule 506 to permit issuers to use general solicitation and general advertising to offer their securities provided that: The issuer takes reasonable steps to verify that the investors are accredited investors.and then later in the Fact Sheet:The determination of the reasonableness of the steps taken to verify an accredited investor is an objective assessment by an issuer.

A lot of people are self employed or are 1099 employees.

He say it's his insurance to make sure that I'm serious about investing because he says he's been burned in the past by people before.His marketing program would include direct mailing such as letters and post-cardsalso internet marketing as well as self marketing.

I countered at no balloon 15 years self amortizing, 9% interest fixed, and $10,000 down.

Ask your self how likely is it to meet break-even?

In most instances it is also subject to self-employment tax.Hope this helps.

Each state has different requirements, but many courses are at home and self study and only require a few trips to a classroom.

You make your fee of 5k in 2.5 years if you self manage.