The payment was not recorded in time for the auction to take it off of the sale listing, even though the taxes were paid in time. 

People I know who do this well find their niche and neighborhoods by circumstance and at the right moment in time; some admit this outright, others act like it was strategic and have no empathy for people starting out who don't have any specific factor pushing them into one specific area at the right time.Meanwhile, I have a large area to consider, and it's not exactly a buyers market – I'm looking at all of LA County and beyond.

At what point in time do you plan to have it rented?

Suddenly, this has become their argument, on top of saying that I didn't mail them the final accounting in time.  

At this point in time waiting may pay big dividends or be a minor blip in your time lines.

I look forward to meeting most of you and learning from you, and hopefully offering some helpful knowledge to you all in time!

This is regarding a unit inside a 4-plex in Pleasant Ridge/Cincinnati.

Depending if you have to do your roof and how much swinging of a hammer you are going to do you are light at 90K.Second choice owner carry until you can rehab. third option whole sell the property. if you don't have your loan lined up especially the 203K rehab loan and only have a week extension , your not going to close in time. 

And again, like you said its important to be able to pivot from one category of property to another depending on what the markets are doing and the best strategy for that point in time. 

That said, I'm sure you hope to live to be 59 and older, and having a big fat pile of tax sheltered income to draw from at that point in time would be a benefit, even if you have done other things to allow you to leave the rat race at an earlier age.With a self-directed IRA, you can diversify any existing savings into real estate and potentially get better results than investing in conventional financial products.