The tax cost is generally not that high in an IRA, but avoiding that cost and more importantly the headache of the tax return are a nice benefit of the Solo 401k for folks who qualify.Plan costs are generally similar.

Through research, due diligence and education you will be able to take calculated risks that should generate great returns.  

If they say "no" tell them you'd be willing to look skip trace their returns (mail rejected and returned to sender) in exchange for a fair finder's fee if any "dead leads" become deals.

I Have a self directed IRA and have purchased 2 rental properties that are held in trust through the IRA all profits made from those rentals return to the IRA therefore building our retirement funds.

I actually guarantee my investor a 10% simple return whether it takes me 3 months to turn the property or 10.

I agree with your statement on the cash on cash return.  

Upon termination, all tenants forfeit all claims for the return of the security deposit under section 504B.178 and are relieved of any other contractual obligation for payment of rent or any other charges for the remaining term of the lease, except as provided in this section.

Investment is $15,000Monthly interest only payment of 1%, $150.00Principal of $15,000 returned after 12 months $1800 return (12% annualized)Secured by note and first lien mortgage Perfect for the first time Private Money Lender.

in return I could recommend them to my clients.How do I approach appraisers  to ask for leads ?

My goal is to be of help by giving what i know and in return learning while building a team with those interested in working together.