Was thinking about setting up a simple WordPress booking site, and I’ve downloaded a couple apps like Cozi (literally just downloaded it) and was thinking about setting up individual properties as “family members” etc but... love to hear what’s proven as easy and simple.

I have been doing some reading on a Self Direct IRA for which an individual can take their 401k funds and move to a Self Directed IRA in order to purchase an investment property. 

Thank you for your assistance.

Anthony, I wanted to come back to be of more assistance and not just say why its not a great idea. 

Sure individual markets could take a big hit (I'm looking at you Boston and SF), but I would be really surprised if the national averages took a hit like they did in 2008.

I briefly spoke to a lawyer that recommended we create an entity for each individual property, so if anyone can chime in on that.

Personally, I stay far away from seconds and generally advise others first getting into purchasing individual notes to do the same.

As far as buying 1 property with 3 unit vs buying 3 individual properties, it really comes down the the numbers.  

No lender is required to sell a note to anyone and no institutional lender is going to sell a note to an individual buyer.

We can assist if needed + plus we know the distressed channels.BestEric