If you're interested in NV I work with many CA investors in the Reno Tahoe area market analyzing properties and building teams. 

Be sure to factor in the effect of Unrelated Business Taxable Income (UBTI) if you borrow money (non-recourse loans only) to purchase the property by the self-directed IRA. 

I invest primarily in Detroit (12-doors there), but I'm also building an ADU here at my primary. 

Local markets are impacted more strongly by local factors than national ones such as changes in interest rates. 2.

While it's not a requirement that the property produces positive cash flows at move in since we're primarily looking to build equity and reduce total expenses, when we do decide to move out from the duplex positive cash flows would be a requirement.

By doing some of the work, you can stretch your budget to cover more improvements, thereby boosting the property’s market value and monthly rents.Tips for Building Your DIY SkillsStart Small: Begin with simple projects, like fixing a leaky faucet or installing a new light fixture.

which is within 10 feet of the neighboring building.

The Section 121 Exclusion helps you avoid capital gains taxes.The IRS classification of income as a "Flip" for Real Estate Dealers is based on a few key factors including "frequency" and "intent". 

I'd recommend building up a base of knowledge, then using the bootcamp to take actionable steps. good luck!

It is time to ask for some help making a new strategy for my mixed-use property.Background:I have a mixed use multi-family building in a commercial district zoned as Urban Mix.