Also in an ira the income on the financed portion of the real estate is subject to ubit tax.  

Assuming you can cover a decent portion of the $60K from the 401K loan, get some sort of loan for the rest.  

In this instance you collect your rent as the tenant is paid and the company either mails you a check (wage assignment) or splits the tenants direct deposit to send your portion to your bank.

Street lights, pot hole maintenance, water quality, sewers and hospitals... are vital to safety and the value of your real estate.

Once they are posted under the foreclosure portion on the county clerks website am I able to buy it from the owner before the auction date?

Not to be left behind, institutional and public REIT investors persist in their pace of acquisitions, homing in on first-class developments and prime locations.Yields on stabilized industrial investments continue to price in a tight range over treasuries, which began falling in the fourth quarter due to slowing economic growth and the market's expectations of rate cuts beginning in the first half of 2024.Properties offering in-place rents substantially below market can still see cap rates in the upper 4% range, but a growing portion now trades in the low 5% spectrum.

This is the portion of STR that makes me cringe.

Strategic Location**: Situated along the Mobile Bay, Mobile serves as a vital port city, connecting the region to international trade routes.

The main portion of the house currently has tenants and rents for $1650.

The government pays a portion of the rent directly to the landlord, while the tenant pays the remaining amount based on their income.Get your property approved: Before you can rent to a Section 8 tenant, your property must meet certain housing quality standards (HQS) set by the Department of Housing and Urban Development (HUD).