Be mindful that, imo, real estate is a 'slow' moving vehicle when analyzing compared to say analyzing other business's.Good luck. 

My 4 year old witnessed everything and I just wanted to leave but he refused to let me get in my vehicle until I do.

So, you are certainly right, there is a lot to consider and you want the investment vehicle match your financial model (you also want this outside your IRA) but I'd rather deal with that than just letting Wallstreet determine my retirement!

Timeliness is often the key to striking a deal with these "tired landlords."

those that say its a waste of time or money I would put in 2 camps.1. not a real buyer just a tire kicker wanting freedy free loader information from you.2. not really sold on your market at the time.Although a lot of folks buy sight unseen that's for sure..

Such vehicles are a means for your IRA to invest in real estate, not a way for you to get your hands on the IRA money for your own deals.So, the main comparison to make is; can the IRA grow better and more securely invested in real estate than it can in whatever it is invested in today.

Sellers will give an advantage to pre-approved buyers over other buyers who are just kicking tires.

Sellers will give an advantage to pre-approved buyers over other buyers who are just kicking tires.

If you own two vehicles, it's best of there are two deeded spaces. 

LLC is more of asset protection vehicle than tax saving tool.