Even if it's pure asbestos!! 

But purely from a financing perspective a w-2 plus college experience should be sufficient.

@Dominic Lucarelli The joys of the post office, haha.

It's more satisfying than it should be and honestly reveals some of the darkness in my heart that I take such joy in watching our calendar book up before theirs. 

Are you looking for a purely investment property or are you going to house hack the property?

It's not a reasonable expectation for 12% NET, PURE-net, 1st year of even yr5 out the gate on PASSIVE REI.

I was merely trying to compare the net worth at an end of a 15 year period by using a pure mutual fund strategy (within one rental) versus a mutual fund plus 10 rental strategy.

It was pure hell.  

What makes a self-directed IRA custodian different is that they are not purely connected to the public exchanges and limited to investing in stocks, bonds and funds, but rather have the staff training and paperwork to document the IRA's investment in the more individualized transactions that occur when investing in real estate, notes and other non-traditional assets.

@Nicolas Thatcher Purely a personal preference, but you might want to just keep the ADU as an ADU, non condo.