You either have to have paid off properties, own properties in high appreciation locations that you have owned for 10-ish years, or several short term rentals that you self manage (which is a bit of a job in and of itself). 

My wife and I have self managed short, mid, and long term rentals.

Expressed, in percentage terms, you'll need to put a lot of zeros after the comma to get to the first figure.

Housing lots/ subdivision, self storage, commercial, parking, rv park, etc3.

@Richard NguyenHere are some of the downsides of putting real estate into a self directed IRA or 401k.No tax deductions: You can’t claim deductions for property taxes, mortgage interest, depreciation, repairs, improvements and other property-related expenses.Property expenses: All expenses, repairs, and maintenance costs must be paid with IRA or 401k funds, and you must pay others to do repairs and manage the property.

I have a self check-in listing on Peerspace.

You must self-certify by filing Form 8996 with the federal tax return for your corporation or partnership.

Hi Thu, self-managed STR owner in the California High Desert and realtor who has helped several clients purchase properties for the purpose of renting on a short-term basis.General questions pertaining to the overall STR landscape should not incur a cost when directed at a PM/co-host.

But I am ambitious, self driven and a life long learner.

So we went into the commercial space and pivoted to self-storage.