Let me conclude with that I understand none of the information given here is legal advice haha, I'm waiting for the post telling me to consult an attorney.

Welcome.We just analyzed a deal at our Movers and Shakers 10/7 and concluded it's time for the Owner to Condo and Sell their 3 family in Eastie.Simplistically, not using an APOD which is the preferred and thorough method, we ask three questions to determine a "Life Cycle" (direction to proceed) analysis.How much below market did you pay for the Property?

In the end, I've concluded that while its possible to own RE directly within an IRA, its not really that attractive.

It doesn't happen frequently but it sometimes happens when the Plaintiff is not an institutional lender and has concluded the property is worth considerably more than the judgment amount. 

I would also conclude that those moving away from activities that require license, is they simply don't want to go get licensed properly.

Not only is the general influence bad amongst lousy friends but a Recent study concluded your closest friends and you will all have virtually the same income levels . you must pick people on the same path as you or they WILL drag you down emotionally spiritually and financially 

Once the showing is done, I let those people know that we will conclude showings by X date (end of the week typically) and then we will offer the lease to the most qualified applicant (based on credit, income, and criminal history requirements etc. which are all within the boundaries of the Fair Housing Act and my rights as a landlord.

Lots of BP podcast episodes concluding that this sort of corporate veil is easily pierced and that you can use an umbrella insurance policy for greater protection than without it. 

This could result in the home being offered to another applicant who submitted their application later but the information was readily verifiable, which concluded in being able to make a decision of approval or disapproval and offer of home prior to another earlier dated rental application

That concludes the basic details of the deal I am working on.