This allows the individual to make  Traditional or Roth IRA contributions to their own IRAs based on their spouses’ income.Transfer/Direct Rollover From Another IRA or Former Employer PlanFunds from other IRA or former employer plans can be transferred to the self-directed IRA. 

"this was a foreclosure so there is a slim chance that the foreclosed upon individual will have the right to buy back the property from you for the amount you paid me, as long as he/she exercises their right before said date")?

I'm currently collecting rental applications for a SFH I have up for rent and an individual and her family are interested in renting my property. 

Also choosing a good market with JOBS, population growth, and demand for rental units.

To give an update, I am in the process of working on getting long-term individual bedroom rentals for the 3 bedrooms in the home and will likely be able to cashflow a couple hundred dollars a month positively if I go this route, which is really exciting!

We are actually making one offer on a bank owned house and another to an individual.

I want to absorb as much knowledge as I can, from like-minded individuals, to become the best investor/agent that I can be.Thank you to everyone here on these forums, whether posters or commenters, all of your words and your advice, truly, does not fall on deaf ears. 

Very impressive start for such a young individual.

I have an updated on demand heating system and the tenant has old forced air but new central air.

That far outweighs any individual property I own.