I am getting a mortgage for about $175k, putting 70k down, and the rent of approx $1900 is a near breakeven cash flow investment when I self manage.I am sure there are investors out there getting better returns than this, but I am a busy working man with a family and I am playing the long game.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

You can then give out codes for self-showings, AFTER a prospect meets your basic screening requirements.

It’s my brother and 2 good friends that have some experience. the money lender would be a family member of mine lending out of their self directed IRA so they will be lenient with us.

With one property you can self manage even from a distance.   

Property Management: Are you planning to self-manage or hire a property manager?

However; investors also bear a responsibility to sufficiently investigate the contemplated investment, to assess whether the investment is appropriate for them, and to know or learn enough about personal finance to evaluate whether or not they are able to sustain a loss without undo strain.  

Then become self-sustaining at a lower interest rate. 

The alternative is to set up a self-directed IRA, or better, a truly self-directed Solo 401k plan, invest in alternative assets, and then do the conversion.

All self praise shared by Neal Bawa before was just that advertisement.