You can invest in property but you need to be incredibly careful not to violate any of TRECs rules on ethics and fiduciary responsibility as well as the terms of your E&O insurance.

I've already taken the principles that you discussed in that podcast and applied it into the property management I'm doing now.

.$210k less RE commissions and closing (6%)= 197,400 less rehab 10k= 187,400 less insurance 500 and less property taxes assuming 6 months to resale 800 (total 1300)= 186,100  now less 6 months of payments (assuming 20 yrs at 5% is 1154.92/mo) $6929 of which 2600 is for principle so subtract interest of 4329 and you have total left of 181,771.

Principle and interest payments on 245k @ 4% over 30 years is $1169.67/mo.

@Branden Vandette @Troy Feldman All the posts above are options for your Roth but please note that the principle (contributions) can be taken out after the account has been open for 5 years.

Traditional (capitalization: arrearage placed back into UPB), principle defferal, and principle forgiveness.

I'd then create a post on BiggerPockets saying where you are from and that you're looking for advice on how to find an ethical mentor in your area.

I have found a few i am interested in but its the price analysis i am having troubles with.For mortgage i use 6% interest as a base but that could change depending on lenderinsurance i used my insurance app to get a quick estimate, seems high to me but ill call them to figure it out before i move forward so not worried theremanagement i put in 10% maintenance and vacancy also 10%taxes is where im having trouble, i used my county tax assessor website to find the previous years numbers, but it gives me tax amount of 3k, principle of 1500, payment date, and total of 1500.so do i use the 3k or the 1500?

I'd then create a post on BiggerPockets saying where you are from and that you're looking for advice on how to find an ethical mentor in your area.

The buyer won't know whether you used it or not until a few years later, but provided you're either an ethical person or you want to protect your reputation long term (hopefully both) that stuff is a must.