STR purchase with SDIRA

[John Romero]

*Outside of the legal issues as I’m sorting that out with my custodian*

I'm interested in purchasing a short term rental with my self directed IRA. Has anyone done this and can lend some advice on lessons they've learned?

I think this could be the best return on my money. If I can find a property that the numbers work with management as I wouldn’t be able to work on the business. 

Again besides the legal issues my other thought is that I would rent the property one week out of the year and go through the normal way of booking as if I didn’t own the property. I’m interested in purchasing in Florida, possibly destin area, Pensacola area, or even gulf shores AL area.  Thanks