Do it in volume and you can make more on the winners than you lose on the losers.I had one about six years ago where the owner had deeded the property to a friend and then conspired with the friend to draft up a fake ten year lease that was all prepaid by way of her "selling" the house to him at a $500K discount. 

The only thing I'd want to confirm is the very unlikely situation that several tenants have pre-paid the next several months in advance.

This for all intents and purposes is a bank account in the name of your IRA LLC where you literally have a checkbook/debit card to invest in alternative investments one of which is real estate.

. $200k, if you are nervous buy a smaller deal with less leverage, buy a $600k vs $800k and put the whole $200 down, or leverage it but put a more aggressive debit pay down strategy in place for the first 2-4 years. my $0.02

The IRA would then own the investment and it would receive and credits or debits the investment generates.

It's always best to understand the terms and conditions you agreed to in your PMA, and the work to make this a smooth and amicable transition and make sure things like security deposits and prepaid rent get transferred and accounted for correctly.The timing is also crucial.

@Linda Thomas  I just let it go but I do list the pre-paids on each lease at renewal.

So perhaps an alternative to having a car available is to provide them with a pre-paid Uber credit?

From what I've heard, this allows you to easily import expenses that you used a debit/credit card for.

If it costs $10,000 to install and the average electric bill is $160 per month, then you have essentially pre-paid your electric bill for 63  months or 5 years.