There will be tears, but they can be comforted by the cool "Sub To" hat.

Feel it best to diversify into a few to manage risk and liquidity. 

I have a ninja trick (that sounds cool doesn't it) to where the bank will accept alot less than the appraised value.

As it stands today, I have roughly 70k liquid and looking to invest in building a new construction home for profit.

If you dont have anything liquid, its definitely a lot harder.

Get on VRBO and AirBNB and check all these areas to see what's what.For example, here is a pretty cool place up in the Boise National Forest near Yellowpine - https://www.realtor.com/realestateandhomes-detail/M974361023...$260k but it needs a bit of updating.

That is so cool!!

Let her get into the discussion before you liquidate on her behalf for the future.There are thousands of real estate-related jobs she could transition to over the years and sites like these are where you will see what others do that could spur that on later.

Illiquidity: Real estate is harder to liquidate quickly.You can invest the full amount but must use IRA funds exclusively for property expenses, keeping personal finances separate.

I've had people at work get very angry before, Ill pack my stuff leave and discuss at a later time with them over phone and come back when they cool down.