I have encouraged all to own homes and one works for me full time in real estate.

Yes, "creating" money out of thin air encourages some recklessness and creates some debt slavery, but it also disperses a lot of wealth.

Encourage your family member to interview with the managing brokers of the offices near his or her home.

I encourage you to learn the basics of the self-directed IRA rules and start comparing different providers while you're looking for your investment.  

We always encourage both the seller and the investor to consult with legal counsel to be sure they understand the pros and cons.  

Thanks for the encouraging words.

Although there are a few good meetups, but I always encourage more gathering specially through biggerpocket.

I still think there are attractive deals out there, but would encourage you to also make sure you are very comfortable with the type of area you are buying in long term.

Another benefit of student renters is that they'll oftentimes encourage younger friends to rent their place once they move out/graduate, which is really convenient when it comes time to get it leased.Good luck on your investing journey!

I'll give you feedback when I'm done, but they told me they do several of them, which is encouraging!