The locations I am looking at (suburbs reasonably far from downtown and the Tech Center) have seen 3 total transactions in the last year.

Do the tax advantages outweigh the SDIRA related fees (ie setup, custodian, transaction, asset specific, administrative)?

You want to properly classify transactions such as Contributions/distributions if they are between the entity and the owner itself.If the entities are not direct owners, you have have a Due to / Due From to properly keep track of money owed between the entities.Best of luck!

However, you cannot use IRA funds directly in the transaction you are describing. 

Reading those little books that guests and sign and comment in can be very helpful and grounding when you have those times when it seems like guests don't care.

If the EMD is higher than you typically use, you could always use a transactional funder like myself.

I’m probably preaching to the choir here, but you don’t have to sell (and incur transaction costs, potentially realize a taxable event, etc.) to generate liquidity.

Too many people involved to do a relatively simple transaction.

I know that the first step is very important because I have already read the book. 

And thankfully, by the time I needed to execute on those options and actually complete the purchase of the leased properties, I had developed some private lender relationships that allowed me to complete those 3 transactions and several more thereafter.