Feel free to reach out for assistance! 

We (my wife and I) have been at it for a few years - self managing mid and short term rentals.

Cash from a self directed IRA How did you add value to the deal?

Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!

Yes, 401(k) plans, IRAs, SEP-IRAs and all other kinds of retirement plans are still the backbone of your wealth accumulation, especially if they are self-directed.

Quote from @Maria Jeanette: I am considering using Equity Trust to set up a self-directed IRA to purchase properties.

I've rehabbed old downtown buildings in a nearby city to Milwaukee.I'll see how I can assist Stormi.

Quote from @Lauren Cartmell: Quote from @Bruce Lynn: Happy to assist you Lauren. 

Over the past 6 months I have been really researching and devoting myself to self improvement and learning.

@Kevin Collins you are asking for advice and I am taking time out of my day to actually give you a different view point in an attempt to help and assist you but you are upset it doesn't quite conform and confirm your thoughts in the way you expected.