So, first I'd encourage you,even though technically  you might not need a QI for a simultaneous swap. 

It should encourage a free economy with respect to residential housing recognizing that large profits would encourage competition/development.  

@Sai Kumar Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

It seems to me that your knowledge and experience with self-directed IRA is quite limited so I encourage you to be open-minded and just hear what others who did it successfully are saying.

Moreover, the Dominican government encourages foreign ownership of property.If you want a boat, you'll need a marina.

Hey Nina - I would encourage you to do due diligence on your investment before going in.

PMC RECOMMENDATIONRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Your experience and encouragement are really appreciated.

Lots of opinions out there on 38127 but I would encourage you to speak to investors who actually own rentals in this zip codeBest of luck!

REPS was actually an incentive purposely put in the law to encourage real estate economic activity.Regarding your question, it is my understanding you would not qualify for REPS, but if you have a more aggressive CPA, they might be willing to make the case.