You can also transfer your 401k into a self directed IRA and invest out of the IRA. 

When you leave your employer you will have an option of converting it to self-directed IRA which can be used to invest in RE tax-deferred. 

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?