@Harry Walker I'm just curious when you say it is legal to market your contract (for me I think options contract on a stock as a similar example) versus the actual property.

For the time being I will be able to easily cover that cost.I have no intention of getting into a new property anytime soon and any other investment vehicle, stock market, will probably not yield over 4% since it seems we are hitting a tipping point.

The land bank is a county program which costs a bit more but currently has some fresher housing stock.

Go to LOWE’s or HD to see the samples they have and some of the stock tops they have to see a larger sample.

suspect this is just flight to the suburbs and newer housing stock..

I have always been interested in investing, in both stocks and real estate.

What this is, is still very much a Roth IRA, just with different processing capacity and therefore the ability to invest outside the stock market into things like real estate, private equity and other allowable asset classes.Such an IRA is not a means for you to access funds to add to your real estate investing. 

The housing stock that I get sent via two realtor MLS portals set up against my criteria has appears to have more potential for straight cashflow rental than true BRRR because the markets don't justify the investment in the homes i.e. you can sink money in but the rent levels dont change much and the value of the property is still limited by the local market. ...it's easy to fall into overdeveloping. 

I don't see repairs and cap-ex in your report and that would kill all of your cashflow.The ROI number is prefrence but you have to look at what else you can do like the stock market on average has made 8% which is less work than rentals so if you can't get better than that you could just put it in the stock market.That being said Portland is a hot market, although tapering off, but still hard to find a good deal. 

Forbes has a habit of putting something like this out every few years.The "bad" thing about investing your IRA in real estate is that the main Wall Street players do not have control over your funds and the means to earn commissions selling financial instruments.His arguments are entirely tilted towards to negative and not providing any context or perspective.I could just as easily pick 3 or 4 historically bad stock investments (Enron) or high fee annuities, and make it sound like that was all that you could expect if you went to a conventional brokerage - which is clearly not the case.For someone who understands real estate as an asset class, there is the potential to have your IRA produce consistent returns and have true diversification away from the news-cycle volatility of conventional financial products.