I was making a bigger impact on the world.Having said that, there will be people teaching Real Estate that are doing it for the money and have no real experience.

You probably can take a more permanent approach to sealing the butcher block but I don't have any direct experience to give an educated opinion.  

Due to the overall regulation-happy climate, I worry about future scope creep impacting me. 

NJ recently instituted taxes on STRs and it has had a big impact on bookings up and down the shore.

If you are using your retirement money, it's important you don't go all in on one-two deals as one mistake (which will happen eventually) could seriously negatively impact your finances.

How much impact does your credit score have on commercial loans for multi family?

Should I be concerned with the government shut down situation impacting a close as well?

In my market, I KNEW appreciation was going to make a big impact on my long term wealth. 

Being prepared in advance, both by understanding the impact of the tax on your returns and the administrative requirements that will come into plan is important.The bottom line is that your IRA is getting to use leverage, and will achieve a higher cash-on-cash return as a result. 

The people coming in and out of the property use it sparingly instead of living there permanently, so your Cap X are lower, and your appliances and flooring will last longer.