Buy another property, rent it, and take the depreciation -stay focused on your portfolio. look to use tax free or tax deferred IRAs or 401ks to reduce taxable income. 

Just keep learning the lingo of the business, get people to trust you more and more, and you will hear that POF roadblock less and less.For issue #2: I would start with your local REIA, the Chamber Of Commerce, the Rotary Club, charity dinners, seminars held by IRA custodians and anywhere that people hang out that do well and probably have money that they really don't know what to do with it.  

Also ask people on your network if they would like to earn 10-12% on idle cash or IRA funds secured by real estate.

For note buying, I'm planning on rolling my traditional Roth IRA into a self-directed Roth IRA LLC. 

@Daniel DietzIn your scenario #2, the income received by the IRA would be 80% debt financed. 

thanks Ira Ashton, i will definitely let you know when I need a GC

An alternative to that would be Checkbook IRA (aka IRA owned LLC), which would allow you to bypass the custodian and control your retirement funds with the checkbook. 

While within the IRA that money needs to be deployed at arm's length and exclusively for the purpose of growing the IRA, it is also tax sheltered. 

I have 90K or so in my TSP.I’m interested in using it more effectively.I currently have one rental property.I don’t currently have a real estate investment LLC, but I’m thinking about making one.I don’t currently have a self directed IRA, but I’m thinking about switching TSP into one.Would you:1) Roll it into a self-directed checkbook or real estate IRA/LLC?

Is a Roth IRA only able to convert to a self directed IRA, rather than a self directed 401K?