First SDIRA purchase

[Tim Greenfield]

So as I understand it, the reason for setting up and LLC is for Checkbook SDIRA. I do not have an LLC but I have contacted my SDIRA holder and I am ready to purchase my first property. I can do it all cash for a duplex but I don't have an LLC. SDIRA holder said it would be 3 days to send funds. Other than ensuring that the SDIRA receives all of the deposits and pays out all funds for expenses/closing for this property am I missing anything?

Thanks

Tim