Investing with SDIRA - Seeking insights out of state

[Monica Westbrook]

Hello, BP forums. My husband and I are just getting started investing with a self-directed IRA. We are looking to purchase rental properties out of state. We have one LLC currently setup that is being used for one investment (non-RE). We understand we'll likely need to set up another LLC for the RE investments. We are also aware we'll need to hire a property manager. So we have done our research and are starting to focus in on an area to invest. I am just looking for some insights from the community on any advice some of you may have in going down this path, pitfalls we need to be aware of, resources you would recommend, etc.