Once you have a meaningful amount of saved capital, a self-directed IRA would give you the ability to diversify some or all of that tax-sheltered savings away from market based investments and into real estate (or similar).

This implies that there may be some opportunities that I could have made a little return that I ended up passing on because of my conservative numbers.As for the original question, Are you planning on refinancing it to extract the value back out? 

However if a replacement is a meaningful upgrade (and value-add) from the original material or item, CapEx. 

I walked in having read the reviews and if you are a newbie you can extract some information, but just go purchase a book and save yourself the time.

Is that part automated to extract from the data source or do you import the data manually?

Once you extract the equity from property 1, it is not considered to be in any way related to your primary residence (property 1) when you buy property 2.

You actively participate if you are involved in meaningful management decisions regarding the rental property and have more than a 10% ownership interest in the property.

Does obtaining a judgement help me in any meaningful way?

  $97 For a "water extraction technician." 

You guy a distressed asset, force the appreciation, and then extract the capital (as much as you can) through a refinance/sale.