I don't know a ton about it and anybody feel free to correct me if I'm wrong, but from what I understand it's when you basically buy land or a commercial property and a business entity (or multiple business entities) pays you rent, but that entity is responsible for EVERYTHING and you just get to collect money. 

But I recently had found the drive and motivation to just dive right on into buy and holding...So hello!

So basically I’d have to find more of a fixer upper at a lower cost and add more value to have a better chance at BRRR’ing the property. 

From a basic accounting standpoint it makes some amount of sense.

That is basically free. 

They are basically paying your rent plus property management, no PM services are worth the rent on one of the units on a 3-4 unit (25-33%). 

The best tip I have:  drive for dollars around each pre foreclosure house, door knock the rough looking houses around these houses. 

The address is 5079 Farm Valley drive, Woodstock, GA 30188.Do you have a good AC contractor to refer?

Basically your IRA can buy a piece of real estate and as long as it its used exclusively for investment purposes, your IRA would receive all rental income to grow your IRA.I would be happy to connect and answer any questions you may have. 

Basically, if you lived in your house for more than 2 years and you're single - the first $250k of your gain is tax-free.