That's a reasonable concern, but I explained that without poison the only alternative is the traps.

@Justin WrightIt seems like you are trying to get overly complex with the legal structure.Sometimes it is best to keep it simple.With that said you should definitely consult with an attorney and accountant before proceeding.You should be aware of the cost of the complex structure(upfront costs and annual) and then compare it with any alternative methods of asset protection(insurance).

Many investors have found success through investing in alternative assets with their self-directed IRA, including in real estate.

An alternative option that we use is to allow them to vacate, but require them to continue paying the rent and utilities.

I know this question is contrarian to most new RE Investors, however, over the last 15 years, I have been an investment advisor and have been able to create an unbelievable business that cash flows extremely well. 

I alternate between PC and letter.

Unbelievable.

It would be an alternative to a window unit without the high cost of central air.

And as far as commitment level, I'd like to own my first piece of real estate, but am only ready to commit once I understand my ability to get approved, for how much, other options for obtaining lines of credit, the amount of passive income available, and my alternative options in case things don't go well.

Alternative projects like medical and senior assisted living are also what I'm moving towards because I think in the new developing economy, these are going to still be in demand and may even be eligible for subsidies.