I feel like I've grasped the concepts and feel that doing sub 2 deals to start off would be the best route to go for me.Actively: Now I think it's time for the rubber to hit the road and begin networking with RE attorneys, title companies, realtors, etc... and making a conscience effort everyday to find deals.Hope that helps clarify some of my needs and my current status as an investor.Russell

We are all Collaborators in Creation - we are literally creating the world on a minute to minute basis.

You do run into tax issues if you run a business out of your solo401K, flipping one home would not be considered a business but doing it on a regular basis is another story. 

As long as you used the gift cards all up and promptly, I would probably staple your gift card receipts (showing you paid $90) to all your receipts of items purchased, and then just put it all in as one general journal entry with the $90 to your capital account (or if it came our of your business out of your biz checking account), and then the items you purchase multiplied by 0.9 either to repairs OR to increase the basis of the improvements which you would then depreciate.

Every day I go into work I always catch myself saying “I cannot WAIT to start my property investments and help increase the amount in MY bank account.”

I can say that I continue to learn something new every day.

Its very easy in the HUD process to test the lower price then increase your offer every day until its accepted or you reach your max offer. 

My feelings certainly don't get hurt when they knock me tho, I still hang out at the beach every day and never deal with tenants :) All I know is if I had to deal with rehabs and tenants and all that other DIY self, my lifespan would be dramatically shortened due to stress.

Every day that goes by costs you money in two ways.  1.  

If you play the Cashflow 101 game on a regular basis, it may help.