If it was as easy as knowing exactly what the cap rate for each area is then it would be easy.

You dont have any money or access to it.

Here in NE, $50k/unit is pretty easy to find for a solid C/B class. 

Access to Yes-MLS which covers 36 counties and in 3 states!!

@Alyse Oz I don’t have much experience with forming LLCs for rental properties but for use in a startup or business most incorporate in Delaware because they have a separate court for business entities and they allow for easy transfer of venture ownership to allow startups receive funding from VCs.

If it's option 1 I would recommend looking into a multifamily in a growing or very stable market that you know very well and have access to easily if its not a market in your back yard.If it's option 2 I would recommend vetting syndicators/sponsors and seeing who is investing in assets that align with you investment goals.

If you rolled an old-employer 401k into a new-employer 401k, you can access that portion that you rolled over.But if you buy real estate from your IRA, YOU ARE GOING TO HAVE TO GAIN SOME UNDERSTANDING of the limitations. 

That's not to say you can't do it successfully, just that it isn't as easy as some people believe. 

Easy to find suited properties, low vacancy, good rental rates and a decent sized population.Jason D.

I really really really hope no one goes through the confusion I did because trying to explain the CASH program is not easy.