Or do I consider this after several years of renting and then change out later once I build up CAPEX.

Account ClosedSeconding the concept of "just don't go there".IRS rules are strict about avoiding any direct or indirect transactions of provision of benefit between and IRA and a disqualified party, in either direction.You and any LLC you own are disqualified to your IRA.The IRA may not lend to you or any entity owned by you or a disqualified party.The penalties for engaging an a prohibited transaction are severe, and not worth messing with. 

I've bought several houses of my own in the past, but never invested.

@Jenson Buttwerworth I am a big believer in leverage in real estate for several reasons.

If you had gotten in several years ago, it would be hard NOT to be successful.

The Borrower may not assign its rights or delegate its duties under this Loan without the Lender’s prior written consent.Joint and Several Liability.

I've tried several ways of handling this, but the most successful strategy I've found is to have the tenants submit a paint swatch, and once you've approved it, you can hire painters (or paint yourself) to paint it that color, while charging the tenants for time + material.

After listening to Dave Ramsey and several FIRE pod casts, blogs, etc. including this one...I have realized that bigger is not always better (unless it's your pockets).

Or do I consider this after several years of renting and then change out later once I build up CAPEX.

Or do I consider this after several years of renting and then change out later once I build up CAPEX.