Hello Allwanting to purchase this 24 unit warehouse and have to ask myself ..self is this a good idea or not .....going over the numbers well there is not any numbers that's right place is empty yep so finding close by comps not there ...but I know I can rent them out quick.Thank youany ideas....?

If you're going to self-manage, the drive-ability factor is even more important. 

If you are going to 'self-manage' then you'll just have to try different workers until you find one that you like.

Though credentialed with a degree in real estate, I have not seriously pursued this effort for my own self interests.

True story: it was easier for me to get a loan at a good interest rate with a 50k full time job, over my self employed friend making 150kI know it might not make sense, but that's how it works in the lending world.You are in the right place.

Hello,I've been looking for creative methods to utilize the funds in my Self directed IRA to purchase Real Estate.

My assumptions are that you are self managing, annual taxes are in around 2.25% of property value, annual insurance in the neighborhood of 800-1200, annual maintanence/capital reserves of 4800, and annual vacancy of one units rent. 

She is dropping 6k tomorrow to convert from oil to gas heat, so her costs right now are scaring her.Waiting 2 weeks with a lower price would still mean it was empty on October 1 which is her self imposed deadline for rental.  

Once the JOB is back on it wont be too long before saving add up and one is able to re-invest in a property that cash flows.I'd move IRA funds while between jobs into a self directed IRA.

I may decide to sell 2 or 3 of them a year, generally profiting less than $1,000 on each, after holding each property for at least one year.Two questions: In your opinion, would I be subject to self employment taxes on the profits from the sale of these properties (considered a real estate dealer), or long-term capital gains (investor)?