Use customized leases with state-specific templates and consult a lawyer for complex issues.

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

Hey Nitesh, glad you came to BP for consultation.

I would love to JV with someone that has experience in this arena so I can learn the niche or a consultation/mentor fee, whatever is acceptable.

As a "retired" public accountant and tax consultant I perform a lot of detailed ROI analysis for my clients. 

@Maria JeanetteTax Advantages: Income and gains grow tax-deferred (or tax-free if using a Roth SDIRA).All Costs Through the IRA: Expenses (repairs, taxes, etc.) must be paid from the IRA, so ensure it’s well-funded.You might also want to consult a CPA or attorney experienced with SDIRAs to ensure compliance with IRS rules and maximize benefits.Best of luck!

I have an appointment with a land attorney late this week and now will be getting a significant legal bill out of all this as it will turn into much more than the cost of a consultation.

If they are cash I tell them to consult their CPA as it is usually a matter of their taxes. 

Wayne Brooks, thank you , but I should of consulted before I sent her a lot of my documents.

A CPA told me they charge 65$ per 15 minutes per consultation which I thought was ridiculous but I don't know the current rate in the area.