Mat Sorensen's "Self Directed IRA Handbook" is a great resource on this topic. 

It mat be the time to hire a tax consultant as a normal Team member of yours and be able by phone to help with any consequences or questions. 

@Mat O'Grady im only attending to find some new cash buyers for my business.

But we nail up 1x3 or 1x4 strapping & we do the mudding ourselves.

The wind mitigation report looks at the type of glass in windows and doors, hurricane straps on the trusses, number of nails in the roof sheathing and so forth.

Strap yourself in as a STR is not a passive investment. 6.

many people suggest an attorney, that is a seemingness waste of moneybeing a landlord, you are already strapped for cash. i Refuse to pay 350.00 for a consultation with a lawyer, when an educational forum almost provides the same thing! 

I advertised on Craigslist and I started slinging my push mower and weed trimmer in the trunk of my 2-door Ford Escort, bungee strapped down.

I kind of agree the actual buyer is cash strapped or does not have the cash.I have signed intercreditor agreements with my banks.. cant recall why though..

I have gone to the mat a few times on EM but only with 10k or more.. and only when someone backed out a  day or two before closing  their loan all approved and just got cold feet.and the one thing about real estate contracts in most states if they board of realtor forms there is mandatory mediation.. so you never go to court anyway.Me thinks if I was to step back into landlording.