Finally, this is not an easy business initially, but you can simplify it and make it fun and you learn and go along.

@William Nelson outstanding breakdown - super helpful and a great way to simplify it.

I will call them to see about this as well.It is a bank owned foreclosure and it was actually listed on the MLS before going through this auction process if that simplifies things as well.Thanks!

That was very simplified but basically when the lender runs title, they see that their was a previous loan thus bypassing the 6 month waiting period.

As such, the plan is only covering the employer and not anybody else's retirement savings, and the administrative framework is greatly simplified.  

For the benefit of simplifying matters, lets address the issue on the basis of an average close of $200k per property deal.Between agents fees and buyers closing costs (around $4k) and other stuff tacked on the the closing we end up paying about 10% closing costs on the average transaction.

@Darren Looker Lending is an ideal investment for self-directed retirement accounts and the tax analysis is simplified. 

Highly recommend Simplified Management/Rentals.

Way too simplified.

This separation can also simplify record-keeping and accounting.Additionally, California and Georgia have different legal and tax requirements, so having separate LLCs for properties in each state can help ensure compliance with state-specific regulations.Using Online LLC Services vs.