My husband and I are still pretty new to investing (under contract right now for our first OOS duplex in Indiana!).

I had some bad experiences with tenants that cost a pretty penny.

@Tim Coulter It can be frustrating as a broker to spend hours trying to structure a deal for someone who ends up going elsewhere but it pretty much comes with the territory to a certain extent. 

If you'd be willing to take on a bit more risk by taking an 80% loan on each property, you'd have less cash flow, but you'd be able to purchase a few more properties, rent them out, and build significantly more wealth over time.If you're interested in passive cash flow with low risk, I'd recommend sitting pretty.

The total cost of loan w/ interest at end of term (pretty much positive it isnt this one...)Thanks!!

We are not very far, off of Bear Valley road, pretty close to the intersection that leads to the safari park.

You're probably looking at a pretty major project. 

We are lending money out at pretty agressvie rates / terms...Let me know if you want to discuss further...

But the indicia of a loan from the IRA owner or other DP to the IRA are still absent.We've seen some pretty abusive situations (most of the time the IRA owner's company paying an IRA owned company for "services") classified as excess contributions in court - this is the Summa Holdings case, among others. 

I know that it is pretty straight forward but I think I am overcomplicating it.So lets just say $250,000 is the purchase price with down payment of $50,000, $50,000 is the rehab cost, when done it would sell for $450,000.