Such a vehicle is designed to operate from a tax perspective exactly like any other IRA, and simply opens up your investment choices to include things like real estate.  

Hello,As these homes are not your primary residences, traditional lenders will not offer HELOC's.

A private lender can be any non-traditional lender.

Brick is the most pretty choice, but also the most expensive.

Now my loan broker is saying that he can’t find an appraiser that will appraise the property because it’s unique in the sense that it’s 3 SFRs rather than a traditional 3 unit building.

Whereas if we were doing a traditional 1031 exchange where they became the solo owner of a new replacement property, I would not be able to participate as a co-owner and still receive the step-up.

We know pretty quickly how good our choice was, and I always go back to my screening criteria to see what I could change to screen that person out in the future.Before move in, here are some soft things to look for:- If someone is calling you every two hours asking for an update, being pushy, or taking up a lot of your time, that will not change after move in.- Ask them, in person or on the application, why they are moving.  

No matter your choice, SOMEONE must regularly inspect to make sure your property is not being abused.

Elizabeth thank you very much that was very helpful to actually get some statistics of what investors are doing traditionally, but still remembering to keep in mind your market.

It is not your home to say whether the current renters stay or go so that is up to the owners choice.