It can make sense to buy real estate within your IRA using a Checkbook IRA. 

To mitigate risks, I strongly encourage getting a home inspection to fully understand what you're buying.If the property checks out, this area can be a great addition to your portfolio.

Unfortunately, she frequently turns it off to save on electricity, which exacerbates the issue.i have also sent her extra radiator heat so can just plug in , but she refuse to use because she has to pay high electric bill.She complained about the unit's insulation and requested that we install an additional baseboard heater( whats the use if she doesn't turn on the heat) .

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

All have proved helpful but still feel like I need some additional support.

With an ARV of 250K, you'll be able to pull out 187,500 less additional closing costs for the cash out refi.

@Caiden Mooney, if you are going to rent the property to third parties you may also be able to use a self-directed IRA to fund.

Additionally for hosts who opt for enhanced screening, the eviction rate is under 2%. 

@Yinna Wang Make sure whoever wrote the policy knows that one unit is being rented because there may be additional requirements.

If it is a market rate class A, B or even C properties, I would say that it (basic maintenance) is something the tenant should handle considering that for these properties the tenants likely have additional resources to handle small maintenance issues.