@Bryan ScrivenerThe cost of establishing a LLC to be owned by your IRA should more than pay for itself in reduced custodial fees going forward.  

A liabiltiy policy never covers property damage to property in you care, custody, or control.

Also, need to address the fact that the tenant has the responsibility to secure the building, but has no custody of items not owned by the tenant that may be stored inside.Don't want a tenant to feel like they have to watch your stuff or be responsible for it.The secured area protects both of you.

They took him into custody and sent him to a youth detention center until he turns 18.I've evicted my share of tenants over the years.

That is, it may not discriminate against families in which one or more children under 18 live with: A parent A person who has legal custody of the child or children or The designee of the parent or legal custodian, with the parent or custodian's written permission.Familial status protection also applies to pregnant women and anyone securing legal custody of a child under 18.Exemption: Housing for older persons is exempt from the prohibition against familial status discrimination if: The HUD Secretary has determined that it is specifically designed for and occupied by elderly persons under a Federal, State or local government program or It is occupied solely by persons who are 62 or older or It houses at least one person who is 55 or older in at least 80 percent of the occupied units, and adheres to a policy that demonstrates an intent to house persons who are 55 or older.

They do have similarities in that they can both allow you checkbook control of retirement funds and can invest into real estate.There are many reasons the Solo 401k is the preferred structure, however.Contributions limits are roughly 10x higher, there is no custodial requirement for the 401k, you can take participant loans, you don't need the additional expense and administration of an LLC to have checkbook control, there is a built in-Roth component, a spouse can participate, there are additional tax benefits, there is generally greater privacy, and the plans are often quicker to setup and cost less money over time especially compared to most IRA LLCs.In order to have a Solo 401k plan, you must have legitimate self-employment activity and no full-time non-owner W2 employees.

Much has already been discussed about their disadvantages, but specifically she has to comply with many demands of the third party custodian (required by law), as well as pay custodial fees (often unnecessary).

I have spoken with several folks who were paying annual fees for custodial accounts in excess of $2,000!

The tenant disappeared since the shooting (my best guess he is in police custody).

I've been researching moving my Traditional sdIRA, which is already in a trust of which I am the trustee, to a custodial service that will allow me to invest in rental property.