Please email me so I can correct them for you.

I had been doing very well on my own for a very long time in corporate america.

There are far more real estate millionaires that started with nothing, than corporate millionaires that started with nothing.I like that you dont need a college education, you dont need to have the highest GPA, you can make it in real estate if you were raised by wolves under the shed in the back yard.

Yes, correct.

though i am still in process of setting up LLC, i know from reading other sites and articles that there is no limits on number of properties. if it is done right the LLC is it's own entity, with IRA owning membership shares.the one restriction that is tricky, is leveraging. if not set up correctly you could have to pay taxes, because you can't have debt in the IRA is the way i understand it.we will be setting ours up in such a way as to avoid this problem. though i don't know the specifics yet, i have talked to a couple of consultants and they say IRA investing in a LLC is the way to go, if done correctly. and they say we can avoid many restrictions and that there are ways to do it.

Buying your rental properties right and handling the tenants correctly are infinitely more important and will determine whether you succeed or fail.Good Luck,Mike

Someone please correct me if my logic is seriously flawed here.

Is this correct?

Therefore alot of property management are also agents who sell houses.Where we are there is a huge military and correctional officer presence.

I had to replace all 15 windows in one that 'passed' disclosure/inspection & it was the best investment we made.I found that the Pella windows were never installed/sealed correctly & the frames had rotted out along with the surrounding wall sheathing & in a couple of cases the flooring beneath the windows.