For illustration purposes if a tenant or passerby trips and becomes  hurt because of a premises liability event, if you discriminate against a tenant or buyer, fail to pay your contractor for work that was performed or any of the many fact patterns that could lead to claim exposure presents itself do you really believe your identity is going to stop a plaintiffs attorney from filing a claim, lien etc?

Now the hurtle is paying for it!

Are you paying cash for the property?  

You may find that using the IRA owned LLC is easier when making a real estate purchase, especially when paying bills for the property. 

The problem is that it makes it more difficult for tenants to pay, and higher-income tenants will push back because of the inconvenience and hassle.

The 70% rule is a common guideline the rule of thumb is to never pay more than 70% of the after-repair value minus repair costs

I have a stable job that pays fairly well for my age I guess, but I am not yet a $100,000 earner. 

@Tom Server I am newbie to Section 8 too, but they are paying me a little higher than market rent because my house is new and has all new appliances.

Have the Seller pay it.

@Basit SiddiqiAgree for example would you rather have 13% net but deal levered 75% or a deal no levered at 8% net.On a 100k investment I would take the 8% deal every day as I will gladly pay an extra $5,000 to reduce my risk substantially since in option 1 the deal can go to zero in option 2 realistically it would be really poor management if it lost more than 10-15% of your capital.