Highlands is always a safe bet for rentals and appreciating values. 

I also threw in some repair cost trying to be safe. 

One tenant of four on the lease moved in on Thursday and moved out Friday saying they did not feel safe in this Nashville  rental.The lease requires 30 day notice plus 3 months rent to terminate lease.

Its a strong and fairly safe market. if you take your time and get to know the area and focus your energy on one style of investment you can find a few good deals.

Play it safe since the deduction ends up being fairly minimal.Lastly, talk to a professional. 

@Michael Cheng28-33% Debt to income, 30% is a safe and easy factor to start with as you probably wont be close.20-25% down payment will be required for non-owner occupied properties.I would never borrow from my retirement accounts, I was just addressing your concern about having 6 months reserves required to get the investment property mortgages.

To be safe, you should consult your attorney, but I doubt you have anything to worry about.

FYI, still have the mantel just to be safe

Most of the scenarios proposed to us by potential clients for such joint ventures would likely create a benefit between the parties and not pass scrutiny in an audit.There are many ways to safely and productively grow your IRA investing in non-traditional assets such as real estate in a standalone fashion,  There is no need to take unnecessary and foolish risks with your retirement savings.

Cash flow is what keeps us safe in real estate.