You'll typically need to set up your account and get familiar with the process of working with the local housing authority.

If you are investing out of state, then do you already have a good property manager lined up? 

@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.

Without this workout, the down payment requirements, current levels of interest rates and cost of the transaction would not be incentivizing enough to for investment. 

@Brittney Yang To structure a short-term partnership for your duplex investment, establish a joint venture or LLC with clear roles, responsibilities, and a timeline for dissolution.

If you are familiar with VA investing, which cities do you prefer and why?

For context, I'm from Edmonton, and have been in investing in Alberta for last 11 years, and in Texas the last 1.5 years.

Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.  

You have to include the cost of your time and the work, especially on a "scary house" is daunting indeed. 

He will be selling the project to buyers once completed and not interested in operating.How should I evaluate this deal from an investment point?