There are some lower priced (I understand "cheap" doesn't always mean "value") condos in my area, and after running some numbers, I feel I can rehab and rent them out to cash flow in the low hundreds (after expenses, commons, etc).Anyone have experience in this before?

As I understand it banks tend to look for 6 months of seasoning prior to refinancing.

How important to read and understand a title report before buying a tax deed property? 

It is my understanding that Risk of Loss passes a the time title is transferred?  

I think in your specific example your wife may need to do some further research to understand the state of the market (where I live you have 24/48 hours to make an offer although it's cooling down).

Though it also takes time so you need o understand that trade off. 

This is just the beginning of my research and I understand a lot needs to be looked into/evaluated prior to purchasing the land. 

I would love to understand this situation more, if anyone can help. 

@Jerry ThompsonHere are some of the key items to understand when investing IRA funds in real estate.Determine whether you will invest the IRA(s) directly in real estate, or if you will pool your IRA funds in an LLC which would then own the real estate. 

This particular company handles the purchase (my money), rehab, tenant screening, property management and I understand they charge 10% of the rent.