While it may take some bravery to invest in a neighborhood that isn't yet fully revitalized, you could be on the winning end in a few years once home values rise.

Do you need unique checks and balances in your away market so someone is representing your interests in the away market--yes.Slow and steady wins the race.  

For the average investor with a high W2, the nicer asset strategy will win in the long run since the C class buildings require so much more brain power and focus.

If they are right, most likely chances of fighting it and winning are nil but you can try

A step further; If I see that D.T. is certain, real -world certain to win, I'm going to be going so DEEPppppp into NG position and options it's gonna be butt puckering.

At the end of the day maybe owning a rental in an IRA is not for you (it is certainly not for everybody), but trying to convince those who successfully did it that they are stupid is not a winning strategy.

It was win-win.

You do win in either scenario so it really is a preference.

A couple things- Waiting around for something to happen that is totally out of your control is no way to win.

It's a win/win.