Just make sure it is TX specific.Find examples of recorded options and memorandum of options and model them.  

I don't think I want to pursue that model.

The area  mostly dictates the most profitable model and the neighborhood and house matters.   

The IRA component remains the same, and you are just changing the processing model and asset choices for the IRA so that you can invest in things like real estate.Here on BP there is a lot of information on the topic, including the distinction Mr.

If your business model is very simple a business formation company can register with the state and provide a out of a box  Operating Agreement for a few hundred dollars. 

https://realestate.utah.gov/newsletters/newsletter_q4-2018.pdfIt doesn't say it's illegal unless it becomes a business model.

I also see this model working for retirees and extended family. 

You most certainly can "choose what you want" as long as you model your business appropriately.

Then approach that person and ask them if they would be willing to mentor you for a specific length of time, for a set fee, with measurable results ( the best result is doing a profitable deal in the new manner you wanted to learn).I would shy away from individuals who are affiliated with TV Realty stars or self-styled Real Estate "gurus." 

Thanks Kristy,I feel like we have a pretty good game plan, but I guess I was looking for some validation on if our model seems appropriate for the MD area.