The IRS wants the account to be used solely for retirement purposes, so personal benefit isn’t allowed.

I am a pretty cautious person especially when it comes to money and time.

@Jack Hamm And check if the local municipality has any unrelated person ordinances that might limit your ability to rent. 

The thing that sticks out and this is your personal preference but please consider protecting your primary home funds if you are not legally married.

And via not taking advantage of the next person, but via giving the right person an "in" they've maybe not readily found. 

Those are for the "in person" meetings. 

.: I get colleague request from time to time and one of the first things I do is look at a person‘s profile.

But on a personal level, you’re saving a ton by living for free or at a reduced cost — it’s basically trading property cash flow for personal cash flow.Now I’m considering bringing in a private lender for my first deal, and it raised a question: 1.

On day 2 of the notice he texts saying he sent the payment, today being that day.Me not being the most PC person, don't want to say the wrong things, reason being the world we live in is so sensitive to everything but to top it off I live in California, land of the sue happy, enough said.How would be a good way to handle this, while keeping it California legal?

Flips are taxed as active income, so you’re usually better off starting under your personal name or a simple LLC taxed as a sole prop, then forming an S Corp once you get consistent deal flow and profits.