I'm looking at them because a SD IRA custodian brought up hard money lending and tax liens as possible good investment for a SD IRA.   

If someone leaves your property and it costs you $4K to repair it and they left you with an SD of $1K then you can definitely go after them for the $3k even if you didn't evict.

The $ you 'pocket', can be used for whatever.... pay for your policy premiums, add to a SD IRA or QRP, add to a Roth, buy a property, JV with someone on a property, start another WL policy (maybe this one is for your kids college), buy a car (not the smartest move but you get the idea).Unfortunately, we always need to keep taxes in mind because Uncle Same always wants a piece of the pie. 

He has created a SD IRA custodian platform also. 

It's a pretty nice house, there's nothing wrong with it, but the company I'm working for just transferred me to South Dakota and I have to leave next Tuesday, a week from tomorrow and my company is paying to fly the family there and will take one semi moving truck of my possessions.

Originally posted by @Guifre Mora:@Sebastien Carriere my brother started his military career in SD 25 year ago and he always bought a home where he was station, never paid rent.

@Raffaele Giarnella bro SD is super expensive I’m in the same situation I’mThinking I gotta invest out of state

And then I have rental strategies using portions of my cash value if I want, or I can lend to other investors and make 20% all day long (I do that already with some of my SD IRA money – just lend at 12% and 2 points, 4 times over in a year – or lend on equity splits and make more, etc)… so many options.

@Adam Detig Yeah but then if their is damage to the house, you have to get them to pay you as the SD would already be used as the penalty for early termination.

Quote from @Anthony To: Quote from @Bruce Woodruff: I used to build in SD and that is about right.