I am brand new investor from Naples, Florida.

Benefit lots from BP, especially the podcasts which I played when I was exercising, driving, cooking except work and sleeping time.

Then right before i left the house i had to play a couple of Tupac tracks before i stepped out into a new world i was creating.

My personal protection is something I seem to be hung up on (perhaps some analysis paralysis is in play), so really ANY information regarding these options would be greatly appreciated.

When they get the itch to demo a building (and downtown has a LOT of dilapidated buildings as we both know) they always look into the costs of new construction permits, costs of engineering/designing the structure(s) and getting them approved by the city, and the costs of hiring private construction contractors to build a brand new structure...  

One final note is that in the northeast it seems like every house I look at needs a roof so budget that in from the beginning if the roof is not brand new.

That used to be the normal thing a lot of people did but since Dodd Frank and the Safe Act came into play your not allowed to do deals like that anymore.  

@Ryan Herald  Ya I screw up on the rules all the time.. yes you need to have a pro account I believe and put an add in Market place.but friends and family would be a great play for this... 300k is not much to raise on a 3 mil buy..

This is a trust tax designed to level the playing field so that tax-exempt entities do not drive taxpaying business out of business when they substantially act like a comparable commercial business.Because of this tax impact, flipping houses in an IRA may not be as lucrative as most folks think since the common assumption is that everything an IRA does is wholly tax-exempt.  

After a few months of playing phone tag and emailing contracts to someone who didn't want to give me the time day, my phone rings, "she" was finally what we call "motivated to sell"!