I've found that many parts of Henderson trade at lower cap rates than comparable Vegas neighborhoods.  

Are they trading at 4%? 

For you, there is absolutely no protection whatsoever. 

Contracts are the tools of the trade in real estate, without them you're not in business. 

Mike has been trading in his older "B" properties for better "A" properties in Newport Beach and is doing very well.

That said, here are a few tips that may help with your decision.You can typically cash out your investments at any time, and lock in the current value, even in an existing plan.You could rollover the existing plan to either a plain old IRA (E*trade, a bank, etc) or a self directed IRA while you have access and consider your options with non-traditional assets in a self directed plan in the future.Within a self directed IRA, you have the ability to invest in traditional assets, so money does not need to remain idle.The type of self directed plan you would pursue is the big question.  

Hi Justin,Each of these pricey properties in San Diego were traded in by a 1031 exchange.  

If you do your diligence on the actual securities laws you'll find that allying yourself with a broker-dealer to clear trades is virtually mandatory.  

A class B office will trade at different cap rate than the class A office next door to it. 

It's basically trade off between higher returns vs less risk and less work.