I have a self-direct IRA and could use some passive options.

Quote from @Dallas Hoover: Want to acquire a self-car wash within Dallas Texas area. 

There are a lot of ways to crash and burn, so increasing the odds of succeeding long term should be your highest priority. you can always sell your local assets once you're comfortable managing rentals and ready for a market that better-suits your criteria. btw, kudos for being self-aware of your limitations.

Hi @Ramsey Doumani,Your strategy is more than possible, self management with the team you already have in place should be a breeze.

If your household income is more than 5 times monthly rent, a guarantor may be an option in lieu of a sufficient credit score.

Or maybe you finally want to purchase a multi-family complex / self-storage facility / car wash, etc.

Self storage and country subdivision lots.  

I use Stessa to self manage 8 properties.

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

Hi @Chris Garnes,I am an investor who has self-funded rehabs and also a licensed mortgage broker.