What the IRS does stipulate that all activities of the plan must be for the exclusive benefit of the plan beneficiaries.The IRS recommends the following criteria to determine if a plan’s policies are for the exclusive benefit of the plan participants: The cost of an investment must not exceed its fair market value (FMV) at the time of its purchase.A fair return commensurate with the prevailing rate must be provided.The investment must be sufficiently liquid to permit distributions per the plan terms.The safeguards and diversity that a prudent investor would adhere to must be present.So put that in perspective relative to the lending arrangement you are considering.

The strategies may differ.A few perks to SA are strong job and population growth and diversity of employers.  

In your case, you would be tying up most of your capital that could be used to expand and diversity your portfolio.

I have been researching and reading to conclude the best emerging markets in Texas and am wondering if a city where the jobs are not as diverse because of the colleges, is a good investment market.

Hi all,I'm compiling a spreadsheet to help compare different potential out-of-state markets to buy and hold.Some hard and soft criteria include (1) job growth; (2) Population; (3) Diversity of Industry; (4) Housing Price Projections; (5) Landlord friendliness; (6) Real vacancy rates; (7) unemployment rate; (8) demographics (should target 18-64, am I right?) 

It also has a diverse economy with lots of jobs.

Just a reminder to myself, you are free to comment.VISION; to exit the rat race by or before 2030 with passive income after taxes at $60,000 per year, in diverse, allo-managed real estate properties.

They do not provide meaningful oversight or guidance with respect to tax code compliance.A checkbook IRA LLC is an enhancement on the above structure that is generally more time and cost efficient for investors with a more diverse portfolio.

. :)  I am like you, a proponent of diversity, I believe in the Stock Market, LONG TERM, and investing in tangible RE.

You have to look at population growth, diversity of employers in the area etc...Other things to consider ... harsh weather is harder on properties.