Within a year I would like to establish HELOC and pull the cash out of this house - then I will have principle/interest.As far as Taxes, I am ESTIMATING about 2K in taxes a year.

Establish credit ( credit card/car loan) get job.Step 3.

The second major problem is that it seems like the Gold IRA industry is very fishy, lawsuits are common and fake reviews are everywhere.So I have this idea which I'm not sure of its feasibility: Establish an IRA LLC, buy physical coins using the LLC's checking account and store it in my local bank safe deposit box.

Trying to time the stock market, or trying to pick individual stocks to purchase is just another way to gamble.

I just finished graduate school and am looking for a rental property to invest in long-term and sell the property after it has appreciated ~20% in 10-15 years.My budget is around 250-300K and I'm looking for properties (with little to no repair work needed) in up and coming areas of the city as well as in established areas where I can reach my investment goal of a ~20% appreciation in 10-15 years OR have positive cash flow from rent.

Your daughter will learn how to be a tenant and she will be able to establish a rental history that could serve her well.

When you use your credit card to buy goods in a retail establishment or online, who charges an addtional 2.75% interest to process your credit card? 

Lastly, find a wholesaler, and rehabber, who is successful in your area and network with them, and partner up with them until you can become established yourself.

We have another couple that we will be establishing an LLC with to start purchasing multiple rental properties over the next several years. 

Dinesh, I actually found you right after I bought clever investor today.I took a huge gamble because I am currently living paycheck to paycheck to support my girlfriend and 10 month old daughter.I am hungry and ready for a change.