you are in the right place for learning . every day read as much as you can and soak up all the invaluable knowledge here on these posts .

Of course it is very important to do proper due diligence on the investment and the operator.As far as self-directed IRA there are number of companies offering such service, this topic has been discussed here on the forum many times so you should search using this keyword and learn from those discussions.

This knowledge is worth more than one deal. 

Quote from @Obed Calixte: Did I read that right....  1/10th acre?? 

I looked it up and read that’s an electrical fire hazard.

I read your post a few hours ago and started thinking about. 

Normally this would be taxable. 

As you read these books, watch the BiggerPockets podcasts.

Honestly I have loved it and we are working to continue to growing.

Hi Irene,I had a client that did this with a home and a barndominium next door.