Like Dave and Michael mentioned, there are tons of books, podcasts, forums, etc. that really helped me understand some RE concepts I was struggling with.

@Pat ReillyYou are mistaken in your understanding of the rules.The IRS does not prohibit an IRA from investing in a transaction that would be considered a flip.  

I understand the entire eviction process to take 4-6 months from the time you file so choose tenants wisely.

While your local well contractor can help you especially regarding costs  I recommend to understand what you have http://privatewellclass.org which is a project of your Illinois ag extension. 

David Faulkner Greg Rutkowski Hi guys I would love to meet up and connect with both of you unfortunately I work Tuesday nights my days off are Wednesday's and Thursday's preferably @ 730pm (I coach boys soccer from 6-7pm) please let me know if any adjustments can be made, if not I understand.

I Live in San Diego and invest Here At out of the State, Is that overprice quick answer for the midwest super overprice, for san diego About To hit the spot, will i buy It no, why even do San Diego Is unique and has diferrent Returns, that other people dont understand such as Tenant stability, future value and safety.

I understand that it would be cumbersome to do a market value on each property each month, but I was curious what others do for this.

I have never done a loan like this.. but I always wondered what the thought process wasI understand the 5 to 10 million dollar loan with no recourse.. mainly because the PG is worthless anyway as in who has 5 to 10 million sitting around to pay off a bad loan ... :) not many leveraged to the hilt real estate investors that's for sure..but if its a great deal why not snag it and if you don't like it flip it and make a few buckaroos... just a thought.

What i dont really understand is in real estate, you often purchase a property with a loan the size of more than you'd probably have sitting in your bank (especially if youre starting from the ground up).

@R Trounday   I do not understand the question.