Those are what will point the right direction for you.The way you protect yourself from a market downturn is to vet the market to make sure it is resistant (i.e. not single industry as Detroit was), vet the neighborhood (improving?

How much improvement are you planning to do to the lots?  

I checked out your profile and you definitely seem like a great, great person to reach out to.Respectfully,Cris Robles

Over this, into 5 units and up, is where you head into commercial lending.Our family has occupied fixer houses and improved them while living in them, and then rented or sold the houses after a few years.  

We've even seen a .25-.375 improvement in MBS prices since close on Wednesday.But, I'd like to draw attention to the Fed's own projections for the median funds rate over the next 3 years. 

So, the tenants’ credit scores should be improving as they rent.

At that point, I will re-evaluate what I do with it (as one would do with any investment).2) I have no intention of building on or improving the land while the LLC is owned by the SDIRA.

I read in your profile that you have been balancing a full time job and part time investment life style.

The work doesn't have to be showroom perfect and I'm always amazed at the equity that can be created by making necessary improvements without paying retail.

A:  Yes...and yesThen, you take that cash you get back from the refi, use it on the next property, and repeat all the steps as many times as you can find properties that fit the number profile...which is why the market analysis is so important.