I've never seen this and I think I read about it happening one time here on BP. 

I have been reading a lot and listening to tons of podcasts.

It seems I might be 'self dealing', but if I kept all income and expenses in the same initial ratio, is that the same as how I have read you can 'partner' your own cash with a SDIRA?

So far I'm thinking buy and hold for a relatively passive income stream, but the more I've been reading, the more interesting opportunities I've been learning about!

Thanks again for your feedback and inputs!

I am really passionate about real estate and have spent a decent part of past 7-8 years reading here and there, than doing anything about it.

Thank you all for reading this thread, and I hope to hear from you soon!

With my current financial position, the properties need to have at least 1.2 rent/value ratio or higher, be 75% of value, and $150k or less. if the numbers work out in the near future, i would like to start using hard money lenders for the down payment and closing costs on the properties, and purchase them traditionally. i would like for these properties to also have a 1.0 or higher rent/value, and with my current credit i can get approved for around $150k-$200k, so the property would need to be below that. once i fill up my 10 allowed traditional financing properties, then i would go hard money lenders for down payment / closing costs, and private financing for the long term. by that time though my own portfolio should be able to provide down payments in leu of hard money. your comments and positive feedback / critizism about my strategy going forward is appreciated. i am a brand new real estate investor, finishing up on my first hard money/refinance acquisition now, so im just getting started and looking to grow the portfolio quickly. thank you

I am very new to real estate investing, just  reading, investigating and gathering information at this point. 

We've purchased and read many books to include: The book on Managing Rental Properties; The book on Property Investing; The Book on Investing in Real Estate with No/Little Money Down; Rich Dad Poor Dad... and many more.