Frankly and I was there Armando's students killed it.. we were early into Vegas in 2011 to 2013 buying homes basically all sub 120k I know if funded tons of them now average price in Vegas is closer to 300k for the same props.. when the foreclosures ran out ( thats what I was funding the flipper who was providing the inventory to Armando) they moved to Orlando and same thing we provided capital to buy fix and then sell to Students plus non recourse funding for IRA buyers.. same thing Students bought these for 70 to 120k each everyone of them has doubled or tripled.. 

Look into/google "Self-Directed IRA". 

May I please get some confirmation from a real estate attorney on whether my full-time job qualifies under the IRA's legal definition of "real property trades".

SEP-IRAs or SIMPLE IRAs), donor advised funds, or research & development if you're building out any software to run your business.Just some things to think about outside of the realm of real estate. 

@Tina Swanson,If you own a tax lien certificate on this property - buying this tax deed property using your IRA LLC will be considered a "prohibited transaction." don't do it!

Absolutely.If you prefer slow, steady and proven you might consider Dave Ramsey.Think about it how much is there to talk about if you've got millions $$$ in your 401k or Roth IRA and paid off houses?

Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

Basically if possible, the best place to do private money lending from is a self directed IRA or self directed 401k it seems.

You create a loan from your Roth IRA for say 20,000. 

This will help us make informed decisions about whether to withdraw more funds from our IRA or wait until 2025.