We allow single member LLCs and real estate directly deeded to the IRA.I have no vested interest in either strategy our clients choose to use.Even with a single member LLC you need a custodian to hold the LLC as the asset your IRA owns.Just because you choose to use a single member LLC to hold your real estate assets instead of having the IRA hold it directly, it doesn't mean that you don't have to follow all of the IRS regulations as they relate to prohibited transactions and such.You would best be served by speaking with an accountant familiar with SDIRAs about any taxes and returns that might be due.To set up an LLC for this purpose, I have seen that clients typically spend less funds to set it up and are much better prepared and advised by using an attorney familair with ERISA and who has a practice specializing in this.

AR law disallows you "force" the tenant out using measures like changing the lock, terminating the utilities, etc. but if you serve an eviction notice and they fail to comply with the eviction there is a specific methodology and process (this part requires a lawyer) that will ultimately end in the Sheriff forcibly ejecting them from the property.  

Were they served properly?

RE is like any other service or manufactirung business process, the population to be served drives supply and demand.

By serving others the money always follows.To be successful action is the key...Marv Rousselow

That’s because the main goal of TV shows is attracting viewers and selling commercials and being on either extreme ends, serves this purpose well.Unfortunately to educate the viewers and be informative comes second when making a TV program, with few exceptions of course.

The not so great guy keeps catching up but only after being served court notices and all of that costs money.I'm not SUPER concerned at this point.

I just filed the Dispossession papers and they will be served at the house next week.

I suggest getting more bids first off.Secondly, without knowing your market it is hard to say, but if other homes have a 2 car and yours only has a 1 car, you are best served adding the 2 car (with permits).

At the same time, money is so cheap right now that I can diversify my revenue streams without loosing too much CF – worth it to me.Finally, having too much equity attracts lawsuits, so leverage serves as asset protection.