Its a very costly mistake to get wrong! 

Be sure to factor in the effect of Unrelated Business Taxable Income (UBTI) if you borrow money (non-recourse loans only) to purchase the property by the self-directed IRA. 

I'm a fan of the consistent, not checking which way the wind is blowing, dollar cost average investor that keeps buying every year or two.

Due to high costs in San Diego, I would likely have about $2500-$3k month negative cash flow even with renting out the rooms/house.

The seller says I can just deduct the repair cost from the tenant security deposit. 

Outside of the that the monthly cost was more then the value provided.

Would love to connect with someone familiar with the area to learn about the market as well as costs of renting beach properties. 

Hello, Albert Lubin, the 50% rule is a general guideline used by real estate investors to estimate the operating expenses (OpEx) of a property as a percentage of Effective Gross Income (EGI).

The NV side in the north has simple regulations although a higher cost of entry.

Hey Ashley,Section 8 provides a subsidy to low-income tenants to help cover their rent, with the amount varying based on factors like local housing costs and tenant income.