I own a couple properties in Richmond, and rents and prices are just humming along in these lower-end areas..

I could see it being a nice investment at a much lower price.

@Dan KrupaYou will want to evaluate the various plan formats and providers to see what will work best for your needs.SDIRA custodians (trust companies) will allow for such investments, but will hold the funds and process all transactions.  

Higher returns (over 8% caps) #3. easier to finance on lower amounts, less money down. #4.

Also while many of the high income areas have far exceeded the peak of a decade ago, the lower income areas are less than 50% of their price from a decade ago.But over time, prices go up and down, and with a long trajectory will always go up because their is no fighting the economic force of inflation.

By leaving an allocation to land, you would shift some of the income to capital gains when you sell, which are currently paid at a lower rate (max 20%)."

You essentially trade equity for cash that most be repaid over the course of your new loan.Here's an example I found on Bankrate.com: "Let's say you still owe $80,000 on a $150,000 house, and you want a lower interest rate.

I need to finish all those 3 transactions by Dec 2016, and don't want to pay another $15-20k in attorneys/accountant fees, so I'm trying to do it myself.... 

Louis, but we are private buyers and private lenders on lower ARV $ SFR properties throughout the country. 

So close to New York that many have been fleeing there for lower property prices.