These are the financial concerns:1.

For a while I looked into medium size deals like 30-50 units in class B neighborhoods, but ultimately could not negotiate a deal to the point where it would have made financial sense.

@Suhaib RehmanI'm up here in the Tahoe area and have a couple of insurance broker resources.

I’d love to be a resource for you and assist in any way I can as you continue your investment journey.

Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.  

Do some research into both areas to see which aligns best with your financial goals.Good luck, and feel free to reach out if you need more help!

That's if you wanted to buy land and build them within that timeframe you are permitted to as long as you can close within 180 days. these are 3 story walk up triplexes urban infill with tax abatements. we have 8 approved so far. you could also look at land plays to grow. i don't know how much you are receiving from proceeds but I could do a few financial models to show you.

They're a great resource for these situations!

Development has different risk profiles and longer timelines BUT when you have the right team working together and you build a pipeline of projects it can be very financially rewarding without trading your time for dollars.

So for example, let's say a friend of mine wants to get involved in real estate but doesn't have the time, knowledge, experience, or resources to do it very well.