In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

It is hard for new guys and even people like myself to grasp how important those attributes really are.  

I havent seen another course or program that would give you the amount of tools and support that his does, and I personally know it works.Ive done multiple deals this year and I can attribute this to the jump start I got from Lex's programs.  

Another attribute to consider would be an area with at least one large university. 

I understand that the Net operating income minus the interest and depreciation cost will be taxed proportionally to the extent it is attributed to the % borrowed.

But, a straight installment sale with mortgage foreclosure attributes is a real possibility

Liquidating rentals will free up any unused passive losses directly attributable to that rental property.

If you sell Property B in 2020, your gain will be based on 2020 tax law, not 2016.The tax attribute that "carries over" from 2016 is not the tax liability itself but rather the tax basis in the replaced property, which carries over to the replacement property.Hope this helps.

If the property is income-producing, the portion of the net income attributable to the leveraged part of the purchase will be subject to UBIT tax.  

@Shari Posey, @Aaron Yates may not see your message since it didn't hyperlink, but he should see mine now.He knows his suburb best, but in general in the suburban Detroit rental markets I'd say a $750 rental would cost around $25K - $40K today depending on its attributes