A little back story, my boss started a very successful non financial related company in China 16 years ago.

While I am not opposed to that, I am confident there are plenty of great deals in our state - we just haven't found them.Second, I want to ensure my financial analyses are as accurate as possible for each property, mainly my assumptions around estimating expenses.

Could be 10% or even 20% depending on the condo's financials and the ownership makeup. 

Both our tax accountant and financial planner are against the cash out because of the fees, but we have no other option if we want to get into investing in RE.

What I found out is that Detroit (wayne county treasurer) ALL the titles were a quitclaim that you couldn't sell for anything unless you sued the property for quiet title action.

Forbes has a habit of putting something like this out every few years.The "bad" thing about investing your IRA in real estate is that the main Wall Street players do not have control over your funds and the means to earn commissions selling financial instruments.His arguments are entirely tilted towards to negative and not providing any context or perspective.I could just as easily pick 3 or 4 historically bad stock investments (Enron) or high fee annuities, and make it sound like that was all that you could expect if you went to a conventional brokerage - which is clearly not the case.For someone who understands real estate as an asset class, there is the potential to have your IRA produce consistent returns and have true diversification away from the news-cycle volatility of conventional financial products.

@Eli Rollins Hardest thing is to put the business together and start taking action.

I'm not sure if that means there were none to be found, or they are not coming up in that company's search, either.This is NY's way of helping the "downtrodden" deadbeat tenants find housing in the future and avoid facing consequences of the reputations they forged with their own actions.

I looked into renting our house and using the 100K as a down on a new house but it makes no financial sense.

This business relies heavily on relationships which is why I think this is such a crucial action to do if you are looking to invest in a market.Long story short is I whole heartedly believe if you are looking to invest out of state you need to take the time to go out there for yourself and see the city/market in person.