I own and manage str’s in 2 different beautiful but often overlooked areas of the poconos.

From the moment these properties are bought, the work starts to turn them into STR's.

1 & 2, your IRA can borrow from other people or from other people's IRA or from NASB.Let that sink in for a moment...If my ira wants to buy a 250k house and I have 30k in my account, my ira can borrow from your ira 220k or 230k or 250k.

This allows us to by pass both of those issues and today's rates sit in the 7s for 30 year fixed (not a far cry from Fannie/Freddie at the moment).

@Mel - we have 3 short term rentals in LA County at the moment. 

You do the most damage with the least exertion, beautiful, ....yeah Elevate owns some of the worst properties in the worst parts of town here in Houston.

Ida is a beautiful area! 

I do have another 1099 job, but with the number of properties that I bought in the year and the deductions the five lenders that I spoke to said they wouldn't be able to lend at the moment.  

I'd challenge every LP to think like this before investing in a syndicate: would you put $100K into a single stock that you couldn't liquidate at a moment's notice and had no control over? 

CA is a beautiful state.