You can also look at rolling your 401k into a self directed IRA.

As for the dividend risk, can this be negated if a ROTH 401k or ROTH IRA is used since they don't accrue capital gains?

Thanks, Mio.I tried looking up IRA insurance. 

I did this outside my SDIRA (Self Directed IRA).

Pretty much it won't be listed as an IRA, 401K, HSA, or anything else that is retirement/health related.

You may want to consider converting your IRA into self-directed IRA, and then buy rental property inside of an IRA.

Another helpful thing for me was seeing the numbers of investments like a Roth IRA or rental property.

Is it "IRS legal" to buy a distressed property with a self directed IRA-LLC, hire a contractor to do all of the rehab., hire an atty., a realtor and other third party services to process the documents, and put every penny of profit back into the IRA the money came from without disqualifying my IRA?

IMHO, it doesn't.See some of the older threads debating this topic:https://www.biggerpockets.com/forums/51/topics/941623-real-estate-professional-status-vs-real-estate-as-a-businesshttps://www.biggerpockets.com/forums/51/topics/784349-any-high-performing-realtors-taxed-as-s-corpshttps://www.biggerpockets.com/forums/51-tax-legal-issues-contracts-self-directed-ira/topics/713607-s-corp-for-real-estate-agent

Hi, On self directed Iras I understand it is more about who you can invest with vs what you can invest in,And my IRA can not self deal with myself or most of my immediate family members.