Also, often condos have higher property taxes (sometimes double) than if you bought an equivalent fraction of an apartment building jointly with other investors.

So I found way to get in front of more motivated sellers at a fraction of the cost of direct mail.

Tenant in common agreegments (where a syndicator offers fractional shares of a larger property to a bunch of investors) are one example.http://en.wikipedia.org/wiki/Accredited_investor

Fractional reserve banking doesn't apply for you.

Once the beneficiary inherits the house, with new step up in basis, you can apply the option payment (if there was one) to the purchase price and maybe even the rent payments or fraction thereof to the down payment of the home.

Which would require a fraction of the cost of a new roof and make the organic growth disappear

Took far less time, and cost a fraction of what an eviction would have.

If #1 represents the lowest return and highest safety and #2 represents the highest reward and least safety then A hybrid could be something like a fractional product that carries no debt and is guaranteed by a publically traded national corporate tenant.Take your time and run the proformas. 

Values have skyrocketed in the last 3 years but are still a fraction of the other suburbs in IL.

(3)  If the the answers to Questions (1) and (2) are no then how I was thinking about proceeding would be not to form a LLC involving the Self Directed Roth IRA and the Self Directed HSA but rather I would have both accounts listed on the Mortgage and the Promissory Note in a fractional way.