This will purely depend on the area.

It is purely a diversification play for the retirement plan, with all proceeds flowing to the retirement plan.An IRA may not lend to you personally.  

Now that doesn't mean that pricing was there, I really don't know without looking at a lot of data but at least in theory it should be unless people saw that the liqudity was a pure illusion. 

With 2 large universities and 2 fast growing, accredited colleges in a 10 mile radius this is pure rental market, and let me tell ya its fantastic. 

I think most of the methods and tricks I read about are pure genius and would like to try them out for myself.

I would only do this if you can afford to have them live in the unit for free and can repair any damage they do out of your pocket - in other words, a purely philanthropic arrangement, where if they pay, all the better, but if they don't you wanted to provide the charity anyway.Otherwise, you should put this thought out of your mind and give yourself 5 good Moe slaps for even thinking the thought!

The average agent makes somewhere around 35K a year and that is pure feast or famine which is why most agents get in the biz and leave before their first license renewal.

Purely based on the #s this looks like a good deal. 

If you are buying a pure investment property/flip (i.e. you aren't going to live in it) you will need to put down much more up front (25% usually).

But they are in breach of contract pure and simple.