There is also a MeetUp that Account Closed hosts semi regularly in Downers Grove that might be beneficial as well. 

My understanding of a self-directed retirement account, though, will make it so that the income from the rental will have to go back into the account and we cannot use it as passive income for our normal personal expenses.  

Then your going to have closing costs, and $3500 in upfront pmi on an fha loan, and they will want to see you have 3-4000 in reserves in an account somewhere so your not maxing yourself out then most insurance companies will want the first year in advance so there's another 1000$. 

Account ClosedBe sure the population and economy in Pueblo can support your multi family investments.

That is a tough question when relatives are involved.

Taking into account the time to remodel is something I really need to consider and you're right - I don't know many projects that come in under budget.

And as for the house --it's in Quincy--south of Boston --walking distance to public transportation --right in Quincy Center--there is a major development under way.Current Rents $39.3K a year (probably a bit low still)Taxes/Insurance $11K a yearWater Sewer $1200 a yearI've never had a vacancy in 10+ years but accounting for 5% vacancy this gets to NOI of $25.1K per YearAsking Price:  $630K.  

Account Closed Any Realtor who has access to the NJMLS can print you out a copy of the most recent version.

Thank you, Account Closed.

The account is held by a custodian (trust company) so every transaction and investment you make in your IRA has to go through them.