Do you foresee those older areas having high possibility of excellent appreciation over the next 5-15 years?

While it may take some bravery to invest in a neighborhood that isn't yet fully revitalized, you could be on the winning end in a few years once home values rise.

Do you foresee those older areas having high possibility of excellent appreciation over the next 5-15 years?

Do you need unique checks and balances in your away market so someone is representing your interests in the away market--yes.Slow and steady wins the race.  

Once they got pregnant with twins they decided to move on from the managing and they bought their primary home.This is an excellent point. 

If they are right, most likely chances of fighting it and winning are nil but you can try

At the end of the day maybe owning a rental in an IRA is not for you (it is certainly not for everybody), but trying to convince those who successfully did it that they are stupid is not a winning strategy.

A step further; If I see that D.T. is certain, real -world certain to win, I'm going to be going so DEEPppppp into NG position and options it's gonna be butt puckering.

It's a win/win. 

We currently use Excel for rentals, and mostly Weststar for servicing seller financed loans.