I can see right through it, but it is quite misleading to the unsavvy potential investor.I personally have much more respect for a syndicator who is candid with potential investors, integrity is everything in my book.

Thanks, in advance, to all that provide solid guidance in this respect.

Right now I work in a dirty, dangerous environment that is hazardous to health, so I want to transition into a new career and I really like the idea of commission based sale, love real estate, and plan on investing in the future I figure becoming a Realtor is the natural choice.

If you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a speciality trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.Can I contribute to both a Solo 401k and SDIRA?

I guess this does hold true in some respects but when it comes to those topics that have a significant impact on a deal, it would take someone with many years of experience to learn what wholesalers learn in a year or two.

And a short time later I got 3 lease-option deals done with $100, $1000 and $3000 out of pocket - respectively.

Items to consider:Yard maintenance - I normally have a clause in my lease that the tenant is responsible for yard maintenance on their respective plots.Water/sewer cost - Identify who is responsible and add/remove expense as needed.Owner occupied route - add in PMI (0.85% of loan amount per year if under 90% LTV) if paying less than 20% down and adjust interest rate as needed.Near Future capital expenditures - have inspections been performed?

I'll be in and out of them in a few months.There will always be deals regardless of the economic environment.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

You have to pound on it when the opportunity arises.With respect to having limited capital, I have no clue what that means in the Silicon Valley.