JMHO.A sophisticated way to profit if you truely believe this area is in the path of progress is to contact owners and offer to buy an option to buy at some present value for as many years as they'd agree to for a few $k.  

The prohibited transaction rules apply to both IRAs and 401(k)s.

Welcome to BP @Max K.

This morning, on the news they are displaying a graphic about how to separate your debris.

Not k-12.

Hi @David K.

I don't think I've been to REEN WEDNESDAY, AUGUST 176:00PMREAL ESTATE WHOLESALE / FLIP / SELF-DIRECTED IRA WORKSHOPSSelf-Directed IRA And Real Estate Basics31 Investors goingAnother Meetup by Ryland in FRIDAY, AUGUST 19 12:00PM PASSIVE CASHFLOW W/REAL ESTATE FOR THE WORKING PROFESSIONALWalk the talk while 'Walking at Heritage Park'Marina Park PavillionA meetup by @Lane K, a great out of state passive income investorREAPS is also a good place as long as that is the kind of community you seek.  

You would have to buy at a very deep discounted price like $40-50 cents on the dollar if u buying cash so these will have to be REO properties that need some cosmetic repairs for example I am buying  1 families out here for $26k cash (4beds 11/2baths )rehabbing for 10 k .

Use that cash to survive while you find another job, don't sabotage your 401(k), and rebuild once things stabilize for you.

If you are a self-directed IRA or 401 k specialist, can you please reach out to me.