Such plans have different architecture to facilitate non-traded assets like real estate, stock of privately held companies, etc., all of which an IRA can invest in per IRS rules.The key to understand is that the IRA is the investor, not you personally. 

All the “action” is in fenced in back yard / screened in pool area …

Hello - I am an aspiring real estate investor but I'm afraid I'm fallen into the trap of just viewing content / videos over the last year without taking any material action. 

He’s very handy, a chemical engineer by trade, and loves numbers. 

The "hardest" part is the daily action steps and commitment of time/effort to get it moving.https://store.biggerpockets.com/collections/all-books/products/finding-and-funding-great-deals Finding and Funding Great Deals by Anson Younghttps://www.amazon.com/gp/product/1259643883 Building Wealth One House at a Time by John SchaubIf you need anything, don't hesitate to reach out.

It seems like the trade off is usually higher gross rent, but it requires more management and sometimes more issues with tenant conflicts and parking.

Door in the basement kicked in; holes in the drywall; blinds broken; etc.She owes me $2000 deductible from a fire her kids caused last December ("You have my word I'll pay you") and she walked out on her last months rent -- so we'll be filing in small claims court.I already have my team scheduled to get in there to pull the carpet, lay LVL, repair & paint.My question -- since I'll be taking some legal action against her -- is should I file a police report for the damage that was done on the way out before I do any repairs? 

Curt,You should have the contractor who is doing the work have General Liability and Workers Compensation coverage regardless of their trade. 

For those with significant experience doing this, am I better served using my benefits to get an MBA or to use them to take a myriad of courses at the undergrad level that could also help me, e.g. a few accounting courses, maybe some basic trades courses, marketing, etc. 

Nevertheless, is it still a good investment if it trading at a high cap rate and with descent cash flow?