Sounds like you've been contemplating for 2 years whether or not to build an ADU... 

I am contemplating buying that and doing either short term or long term but also think it could be a general good investment even though am looking for something to give immediate income.Buy something in another state and have a property management company do everything.Buy something nearby in a more vacation area and let a property management company do everything.I am a self employed guy who has a business that comes in waves(property services)...I have inherited some money and am looking for something to hopefully create another venture for me that would bring money in.

I am also contemplating staying in Korea while purchasing which’d qualify the property as non/owner occupied. 

Some won't administer promissory notes.You can get an idea of the types of investments administered by checking their website; if the investment you are contemplating isn't shown, it is likely not available through them.A few years ago I also came across a rather interesting resource titled "The Ultimate List of Self Directed IRA Custodians & Administrators" available from a company called Innovative Wealth Management (I found it useful to evaluate competitor offerings!).

@Kevin Forsell  - As others have said, what you are contemplating is blatant mortgage fraud.

Repairs are currently ongoing and I am contemplating what my future in REI will look like going forward.

The last time I contemplated a crashpad in Houston, I was thinking private rooms throughout the place for the older, more privacy sensitive pilots I knew (along with a much higher rate), but I never got that far.

I am contemplating going into a different market (lack of options in rural areas) and am not sure where to start.

Hi there,I am contemplating on going to Rod's virtual conference.

We are also contemplating buying properties all cash.