The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

It will familiarize you with the basic terminology and benefits.

In addition, when you have leverage you have the other benefits which @Ali Boone mention.

It will familiarize you with the basic terminology and benefits.

These investments may be better than a mutual fund, but REITs miss most of the biggest benefits of owning real estate.

With $200K-$250K, you can secure high-quality rental properties in both cities while benefiting from steady appreciation, strong rental demand, and landlord-friendly laws.Oklahoma City has a rapidly growing economy, with major industries like aerospace, energy, healthcare, and tech fueling job growth.

Additionally you can do a cost segregation study and get a lot of depreciation benefits to offset the rental income (and potentially other income).  

Option D: you are considered a "disqualified person" to your IRA and as such are prohibited from engaging in any transaction in an IRA or receiving any benefits from the IRA (directly or indirectly), therefore I strongly suggest you avoid this option if you wish to stay out of trouble. 

They can't take advantage of all our tax benefits.  

However, there are still plenty of tax benefits when it comes the income you generate from your multi-family property that you can deduct from.