I am referring to using 401K and setting up a Trust with a checkbook account.Lenders will require more down I realize.  35 - 40% and I will be working with portfolio lenders and non-recourse loans.So my plan is to work syndicated commercial deals where you get your money back out in 6 - 12 months. 

The trash is a set, monthly $24 per unit, ie a duplex is a flat $48/month fee.  

When setting up an LLC do I need a Registered Agent?

I haven't done the wage garnishment process yet, but if you win, the court will send you instructions on how to collect (assuming you know where they currently work, and make enough for it to be collectible).A tip I recently learned, if you win in court, ask right then in front of the judge for the tenant to set up a payment plan, $100 per month or something. 

Following the rules will allow you to exclude a portion or all of the gain after a certain period.If you are not interested in taking the time to do the investments yourself and following all the rules - you can invest in with a syndicator whose fund is set up as a qualified opportunity fund. 

It is both psychological AND legal protection, so long as it is set up properly and maintained properly. 

Change your mind set. 

On average range from the high 5% to low 8%  plus or minus depending on some specific adjustments based on property type, location, credit, experience, etc.

I would like to know if anyone feels my goal is realistic, and if not that will let me know how I may need to adjust to see if this would be viable for me.Work has become heavy (in a positive way), that I have been able to build up the capital for multiple properties, however my time has become completely sucked dry.

In a nut shell, I have a property under contract. I can do this deal by myself, however, I am willing to partner with a friend who is interested in learning the ropes of REI. He cannot invest himself because of his dt...