You may have a more profitable exit if you can build them as 1-4 units versus larger and can subdivide the buildings into separate properties.

Again, this doesn’t make sense because my new manager has already said they want me to hold onto the deposits.On top of that, they’re now claiming that I legally need to open a separate account to hold the deposits.

Bring a thermometer and measure the temperature separately from the thermostat to see if they exaggerated the issue.

DSCR loans and Ground Up construction loans are two completely separate loans.

Remember that you would not be investing personally but rather your IRA, which is a separate legal entity.

Worried about keeping things separate now that I’m thinking along these lines a month after owning / after rehabbing the property but better late than never, I hope. 

Here is some info on why they recommend one still:It is recommended that single-member LLCs have an operating agreement for a number of reasons, including: Protecting against personal liability disputes Maintaining a clear separation between personal and business affairs Providing guidance on how the LLC should operate Making it easier to work with third parties Allowing someone else to run the business if the owner is unable to

LTR are passive and their income/loss is kept separate. 

I have bought commercial RE in a Roth SDIRA and separately purchased a couple investment properties via 1031 exchanges outside of my IRAs.I too have hesitation of the above index funds and need to investigate further.  

Both units were separately metered with all mechanicals in working order, making it an ideal property for investors.