He said it violated the arms length agreement.

I currently have a ROTH IRA that is self directed and have 3 rentals in it, my family as a whole have about 6 rentals and 2 mortgages that were taken back from selling property.So my take on it is it's been great buying property in my IRA, the biggest difficulty is the length on time to disburse funds, which isn't too bad after you get the process and paperwork figured out.

However, I would still double check your lender if there was a clause you agreed to stating YOU would be the primary resident for a specific length of time.

I'm sorry for the length of this and I hope I'm not rambling too much but I'm trying to answer as many questions as I can think of before you ask so I get better information in return.THANKS so much for any assistance everybody!

Moving forward I am basically using that 7.5% CAP rate to back into what I believe a properties actual purchase price should be (obviously excluding all the other factors like rent roll, lease lengths, macro economics of the area, etc).

Of course it will depend on several variables like closing costs, quality of property, loan lengths, etc. 

My wife and I are under contract to purchase our first "on purpose" rental property. We have a rental property in Northern Virginia, but that was due to a transfer and we chose not to sell in 2010 when things were sti...

. ;)The clause is usually found in the 'Short Sale Addendum' or 'Arms Length Affidavit'.

I seem to remember reading from @Dev Horn that when selecting the equity screening tool or the length of ownership (can't remember which) with Listsource it gets funky.

Do you know much about conventional loan requirements when putting less than 20% down, such as length of time living in required, or anything else?