Good Afternoon Investors,Is anyone out there using a Self Directed IRA to invest in real-estate? 

Probably very lazy and self entitled, I may be wrong but not likley.Co-signer or not the money from the mother is not reliable, when she stops supporting her leach of a daughter or dies you have a problem.

.- Approximately zero point zero zero percent of REI know what numbers are on their Schedule E, so 'verbal prequals' aren't really a thing for folks with rental properties or otherwise self employed, that are buying rental properties.

I am open to self managing this home to start out with.

You probably should get an attorney to assist you with the loan modification paperwork and any state laws.

But finding people who get housing assistance seems like it can really pay well and consistently. 

one thing I wish to do regardless of help or assistance is to start an LLC in hopes that other people, experianced or not, will be willing to become a part of it in order to build themselves and their goals and dreams with it. i have finally cleared up some financial issues and have money to work my first property, but am kinda clueless and hope for some local mentoring. 

I also am looking into that now to move 401 k to self directed for more tax deed investing.

@Daniel Klucas, I may know someone that can assist you with entity formation and tax strategies.

My clients don't want uncertainty they want good clean deals with fresh title insurance etc.. so just like those that buy turn key homes .. if they went out and sourced the house themselves took care of the rehab themselves self managed it their return would be higher.. same thing goes with those that want to source notes and or NPN on their own..