I’ve encountered this issue on numerous occasions.  

I discovered bigger pockets, bought some books and I began buying rentals.Without providing a long drawn out explanation of my positions, just know that I have three 4 unit buildings now, a total of 12 units, all excellent deals, all cash flowing.

@Megan Greathouse This is exactly the kind of explanation that I was hoping for.

However, I don’t believe most Custodians or administrators would do this as your checkbook IRA LLC would stand on its own —thus that registration would generally be done by one of the managers of the LLC or an attorney or other professional if it was needed as explained by @Brian Eastman  I don't know who the service providers are...that's part of the question (attorney, registered agent, other)...could be cumbersome with numerous states.Sounds like it is NA though based on Brian's excellent reply. 

I'm sure in a 1-2 hour drive from your area you can find a similar situation that will work out much better numerically and that would be my advice.

@Brian Burke Thanks for the informative explanation and for clarifying what are the critical aspects I have to dig into. thanks!

The detailed explanation on the technique would be too long for this post.

This isn't your 2010 Killeen market anymore.There are still numerous foreclosures - 14% of sales in 2017 - so there are distressed opportunities (many don't have a lot of work required as the area is so new and many foreclosures are only 5-15 years old).

@George Blower - Thanks very much for this explanation. 

If you find any estate planning documents take them to the attorney who wrote them if possible, they will be able to give you the best explanation.