This developer going belly-up wasn't due to the coronavirus pandemic, it seems like they have been living in a glass house just waiting for something to shatter it, and this was the catalyst. 

However, I’d be open to any topics of discussion to get the ball rolling and the investment strategy juices flowing.

If the houses are collateral and the new development goes belly up, you're either going to have to write a $120k check to cover the DP or lose the rentals.

@Jayson BellI think self-directed IRA's are a great way to diversify your investment portfolio.

Tax treatment is the same too as heard on the BP podcast episode from 2/20 "Tax hacks to juice your ROI..."

If you have one where you are netting $100 a month but have to be in regular contact with the owner as well as mitigate the inevitable problems that arise when then interact with the tenant directly, the juice is just not worth the squeeze. 

It was always plugged in so the odor wasn't too bad but it had food, meat juice, and sticky substances in every crack and crevice. 

So it's not like the drop from 1.5 to 0.5 meant a 2/3 pay cut and then they went in and juiced it up to 0.95% to get paid more.

I have been looking for some BRRRRs myself and the juice just doesn't seem to be worth the squeeze here. 

Especially if we see companies going belly up because of this virus scare.