Let’s start with what I consider to be a “good” tenant.Good TenantsThe only way to make money is to keep the property occupied by tenants who:Have stable employment in a market segment that is very likely to be stable or improve over time.Pay all the rent on scheduleTake care of the propertyDo not cause problems with neighborsDo not engage in illegal activities while on the propertyStay for many yearsWhile the above may seem obvious it is not easy to achieve with any consistency because it depends on:Selecting properties that target a tenant pool with a high percentage of “good” tenants.Working with a skilled property manager who can select a good tenant from all the applicants.Good tenants are not the norm and property managers who can consistently select good tenants are not common.Selecting Your Tenant PoolThe first item under the good tenant description is that they have to be employed and stay employed.

Account ClosedThere should be no issues with using SDIRA funds for such transactions.Interest income is passive in nature and therefore not subject to UBIT - which applied when a tax-exempt entity engages in a trade or business on a regular basis.UDFI applies when an IRA uses debt-financing, such as the IRA obtaining a mortgage to purchase a rental home.

The engagement and conversion rate we saw were amazing! 

Below are some quick links to get engaged on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/forums/categoriesREI books suggested by BPershttp://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

In one case, a married couple was found to be engaged in business even though all they owned was a 25% time-share interest in two condominium units.

the failure I see is the knob turns but does not engage the latch.  

Find a job that is engaging and use Real Estate to build long term wealth, not to find happiness. 

While topics like using BP are great (hopefully all in attendance will with your help, join us and engage here), be sure to focus more on your local issues -- if you can do that, you're going to put together a successful group.We're excited that so many people want to put together local groups -- especially when there are already groups in areas that they are coming together.

Hello @Michael Plaks and @Ashish Acharya, are you allowed to change/switch the category of your engagement to the property from Passive to Active participant in the future once you classify them when you acquired the property?

We just had a family gathering and did some fun stuff that week to keep the tenagers engaged.