Rental Property Purchased with IRA

[Tom Hertz]

I would like to purchase a property with funds from my IRA to use as a rental property. I know there are rules regarding who I can and cannot rent to (like family members). I would like to do a lot of the management of the property myself (renting it, maintenance, upgrades, etc). From what I have briefly researched and read so far, it sounds like I can do this if I establish an IRA LLC, is that correct? Do I want to set up an IRA LLC, a Solo IRA, a Checkbook IRA, or are these all one in the same?

Thanks