This approach seems to be validated by this video by James Dainard: So, after 10-11 years, I can just decide to stop and live in the 5th property, or...

I have decided on a value that each LLC has before starting the next LLC and some of this depends on the location. 

Without accounting for management fees (I have not yet decided if I will try to self manage), and with planning to raise rents to typical market of $825 for each of the smaller units, and $1200 for the larger unit, does this seem like a worthy first investment? 

I appreciate you taking the taking to sharing your knowledge.We decided to go with a local property manager.

if anything then I would set a flat fee to pay them for their service and then if you do find a property that offers buyers agents money, in which almost all I have seen still do...then I would have the title company back out the amount you decided on and the agent gets the remainder of the amount of commission that's left over. 

I'm also very curious about @David Maldonadoalfaro's question and how they enforce owner occupancy if the owner decides to move and keep the property as a rental. 

I didn't know there was a different type of insurance that I needed.I had bought the home with a standard mortgage and standard insurance and then I decided later that I would flip it. 

I wasn't skeptical at first because I control who I decide to rent my property to. 

There is no easy answer so you'll have to decide which path will give you the least regret.  

I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA.