I am looking to add approximately 1-2 homes per quarter and like the price range of 200,000-325,000. 

Fourthly, have a contractor you can trust i used 5 contractors to get simple things done and i would not recommend any to you not worth the headache ( try here if you need one).

Due to the quarterly fees on the self-directed IRA, I would like to close the account.

I'm coming from the POV of having this situation personally - while I don't have a mortgage, I do have a 'mother-in law' quarter's to the Northeast wing of the house; attached yet separate driveway, entrance, HVCA etc.

Preferred rate is 7, supposed to be about 10-12 paid quarterly.

Who is going to mop the floors and collect the quarters?

But I use virtual assistances to do all the paperwork, and I have empowered my employees that look after the properties to find cost savings to make a bonus per quarter.

-Quarterly inspections were non-existent until you ask then they do it the next day  I’ve been managing for past 2 years…  Even when I was in Florida and pregnant, I never experienced the type of headaches like I did with these PM companies.

I was looking into the Residential Landlord and Tenant ordinance but it was unclear to me if my situation applies to it since it states "The ordinance covers most rental properties located in Chicago except units in owner-occupied buildings with six units or less; most units in hotels, motels and rooming houses, dormitories, shelters, employees' quarters, and non-residential rental properties, and owner-occupied co-ops". 

If I own these three properties all cash, what is the best way to use leverage to acquire a fourth.