I received a tip from an agent friend that knew it was coming to market, so I ran my numbers, prepared my cash offer with no DD and a fast closing, EM, and POFs, and submitted it the day it listed (yes, I had to pull my MIL's $$ a precious week early to do this).

Pay off the condo=more cash flow nowBuy a second (quality) property=highest returns in the long run

If you can get it at a low enough price as either a distressed property, a distressed seller, or a combination of the two, rehab it and rent it out accordingly, there can certainly be nice cash flow, but quality BRRRR deals aren't easy to come by and it takes a lot of weeding to find a good one.

I’m gonna say that you shouldn’t try to air bnb that unit because HUD could come by to make sure your in that unit and if your not they can ask for you to pay that loan in full.

I was able to take away from the seminar tips and tricks to get started by doing more research and due diligence.

I was wondering if anyone had any tips on the wholesale process, and more specifically developing good buyers lists?? 

We plan to enter the multifamily space, purchasing properties with 8+ units with the potential to add value and attract higher quality tenants. 

They can hook you up with a good quality build.let me know if you have other questions. 

Check out this article by @Brandon Turner, hopefully it will give you some tips/advice on getting your offers accepted.

Matt,self-directed IRA is a niche and instead of focusing on location you should focus on the quality of service and the experience a particular company can provide you.