My first deal was nerve-racking!

The solo 401k prohibited transaction rules are quite complex but the IRS has published the following examination manual to help understand these complex rules. http://www.irs.gov/irm/part4/irm_04-072-011.html

Steve when I do these its all about relationships.. and even then its nerve wracking..

Some people like to examine the financials, but I've found that I'm not smart enough to understand the amount of cash they should be stashing in reserve accounts.

I just help them maintain their listings such as updating their rates for them or uploading new photos.I will be sending rental agreement contracts to the potential guests, but they are the contracts drawn up by the property owners, not a real estate contract that I've provided.I looked at the DORA.co.gov site and I examined the list of "Licensed Professions and Businesses" and didn't see anything that seemed to fit my service.

Their indictment included charges of conspiracy to levy war against the United States, conspiracy to provide material support and resources to al Qaeda, conspiracy to contribute services to al Qaeda and the Taliban, conspiracy to possess and discharge firearms in furtherance of crimes of violence, possessing firearms in furtherance of crimes of violence and money laundering.VideoVideo: 2008 Documentary that examines the case of Patrice Lumumba Ford.

It just depends on their portfolio and their risk profile with the bank examiners. 

After a closer examination the appraisal was done after the property was built when the loan closed and was based on 100% occupancy.

Herb, I think the decision to purchase rental properties simply because flipping isn't giving you the margins you want needs to be more closely examined.

Ken Rischel is a finance compliance type, listen to his suggestions as well as others in regulatory and compliance in banking and finance.I don't go to a dentist to have my back examined!