We buy and sell properties within our SD 401k continuously.  

@Daniel WelchIf you qualify for truly self-directed Solo 401k - that would be superior vehicle to SD IRA for several major reasons one of them being contributions limit nearly 10 times higher. 

I also wasn't implying asset protection, however its a lot harder to sue someones SD IRA than it is their LLC or savings account.

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. 

I know recently SD has considered limiting the number of strs, however in the city itself.

I do think over time it’ll die down, but I’m looking to start investing NOW as I have waited for 1 year to just learn and research etc… I definitely think there is great potential in SD, but I think with the funds I have right now, I could grow a lot faster in a different market.

North American Savings Bank (MO) First Western Federal Savings (SD) and Titan Bank (TX) are main players.Expect: 30-40% down payments10-15% reserve requirements1.10 Debt service coverage5.5-7.5% interest depending on the loan type/termWhen an IRA uses debt financing, it is receiving the benefit of using non-IRA funds (the borrowed money) inside the IRA envelope. 

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.

He has created a SD IRA custodian platform also. 

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.