Since the purchase price, closing costs, and working capital will require most of my custodial account funds (or CHECKBOOK LLC funds).

Since the management company has "care custody and control" it makes this possible.If the management AND ownership was different, then there needs to be separate policies.

I have not dealt with a real estate yet but my child custody lawyer want a retainer fee (prepaid) with hourly rate of $250 taken from the retainer fee. 

There are two different business models: having a custodian (they have the word "Trust" in their name) hold the account and process all transactions, or working with a legal or advisory company that will have a custodial IRA at the back end invest into a LLC that you can manage and control under the umbrella of the IRA.  

. :-) Their annual custodial fees are the lowest I've seen so far @ $105/yr so in time I suppose the extra set up cost will be off-set.

State laws apply to abandonded property while in your care, custody and control.

If granny has partial legal custody, you probably can't tell her the teens can't live there.

Individual custody agreements can vary, but I would require a copy of the order, if the tenant wanted that income to be considered as a qualification factor. 

Hi Casey,Regarding SD IRAs, there are two types: custodial and checkbook control.

One important consideration will be factoring in the IRA custodial fees to your overall rate or return.