Investment Info:Single-family residence fix & flip investment in Knob Noster.

You can't take advantage of depreciation (both on your RE holdings and from syndications, and that is one the most trumpeted "advantages" of investing into syndication), you can't actively participate in flips, etc.

He is willing to sell because he has an issue he needs to resolve.

let me know if you ever have any questions in regards to fix and flip or ground up construction financing 

The issue is at initial purchase.

Taxpayer Advocate Services are a taxpayer funded group that are supposed to be the "watchdog" that helps taxpayers deal with these types of issues with the IRS. 

Are you looking for long term rental or getting into a fix and flip or ground up construction ? 

That said, modular obviously goes in a LOT faster, and you don't have issues with stuff getting wet, sitting out, etc.

Being new to this biz, there is a lot of fear and trepidations associated with the "right" deal and a network of lenders, agents, contractors you can trust.My strategy at this point is 1, put my money to work for me, move my money into a real estate/ self directed IRA and then work into the fix and flip side of the business. 

I have a long term rental in WA, and have done 2 flips, 1 in WA and 1 here in Florida.