Basically all retirement accounts work this way, the only difference with self-directed IRA or 401k is that you have alternative investment options beyond stock market.Also, if you use Roth then distributions will be tax free.

And a direct thank you to @Kim Tucker, @Chris Dawson, @Dan Krupa for their educational posts in numerous KC threads.

Can someone point me in the right direction for understanding how a refinance of a home/duplex works?

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I have my own application that applicants fill out so I have their important information in case of eviction, also I state my procedure, that I will check past rental history and income verification first, for free, and if they pass that, they must pay Smartmove or other screening service directly for credit, background, etc., on anyone over 18, even if a dependent like an elderly parent or college student living  at  home. 

Obviously I would introduce myself to the tenant to inform him of the change in management and to direct him on where to pay rent and who to contact, etc.

Please connect through the direct messages with any recommendations. 

@Aaron R.USDA guaranteed and direct loan programs are for single family properties only (including houses, approved condos, new mobile homes, townhouses). 

Don't know exactly what direction I want to head. 

I’d like to invest locally so I can be hands-on as I learn, so I’m wrapping my head around other ways to find properties (wholesalers, FSBO, direct marketing?).