But its true going higher than 43% increases the risk in the loan and affects your ability to sell the note should this be your interest.On the issue of selling the note,  you need to do a MUCH higher level of compliance to have your note marketable.  

I would require minimum liability levels of 1,000,000.

I've been working at this over the last 2+ years and looking forward to taking it to the next level....Rod

I've realized I'm more likely to make this happen faster if I can figure out exactly how much money I need to have saved up to get started without spreading myself too thin.

Also, you get to evict rather than foreclose, which is obviously way easier and faster.

This is a trust tax designed to level the playing field so that tax-exempt entities do not drive taxpaying business out of business when they substantially act like a comparable commercial business.Because of this tax impact, flipping houses in an IRA may not be as lucrative as most folks think since the common assumption is that everything an IRA does is wholly tax-exempt.  

But by offering to pay something (if you can) demonstrates a level of seriousness that many newbies lack.I did exactly what I'm sharing with you 15 years ago.  

I'm definitely pushing my own comfort level with this venture.

Turnkey properties seem to be a good entry level for someone who already has a 50 hour a week job.Could I rollover one of my IRAs to a Self Directed IRA then use that money to invest in turnkey property.  

I've been a high level producer in insurance because I sought out good mentors, took direction well and learned my craft by bringing them great opportunities.