So simply getting a licensee to negotiate the loan may not always be compliant if they do not conduct the work properly under the licensed company.In California:As a salesperson, once your employment with a properly licensed MLO real estate broker is terminated, your MLO status will be changed from active to inactive and you will have to obtain a MLO license from the DBO in order to continue to work for a CRMLA or CFLL company.

If the net ROI from rental investing is superior to conventional alternatives, and you have comfort with this type of investing, then you are probably putting your IRA capital in the right place.In actuality, flipping in an IRA may not be as beneficial as you imagine, because this is considered a trade or business activity, and if conducted on a regular or repeated basis, is going to generate tax exposure for the IRA.  

I haven't closed on the deal yet and there are plenty of steps till then.I will find out more about the potential capex once i can conduct a thorough inspection with my inspector.As for taxes i will have a homeowners exemption so that will help. however i forgot to account for the upcoming chicago tax increases which could reduce the projected cash flows.

@Jim Wilcox I' don't think that you should spend a lot of time wondering what people think of you or where and how you conduct your business.

If you are not familiar with the business you are about to embark upon what makes you think you can draft an appropriate partnership agreement to govern the conduct of the business and the dissolution of the business if it does not succeed?

@Kim Vedros It may be that Auction.com is conducting the sale of that particular home, which will still be carried out in person at the time/location designated by your county, and then the county may have a list of what will be auctioned at that time/location.

I always set a filter, when I am conducting my search, to have low HOA's.

Lots of paper and an inspection must be conducted.  

It appears that the treehouse architect is well known from his Greenpeace work and also conducts tours with every person or group who stays there.  

We live east of Colorado Springs on the plains and basically call The Springs home as we conduct all aspects of life there.