There is an hours requirement but also it states that you MUST spend more time on REI than any other activities(s) A read a tax case not too long ago where a surgeon tried to qualify because he self managed his whole portfolio, yadda yadda...Ultimately the IRS said you're in the Operating room for 10 hours a day 6 days a week.

Don't try to self manage4.

If you get large enough, you can even look at self insure options.

My question is can we both roll our retirement enold accounts to a self-directed IRA and invest the funds to our business and use that money to purchase a truck?

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

I have been playing around with the numbers and I've found that using an FHA loan (which I am confident I qualify for) I can get a 4 Plex and have a really solid cash flow.

@Divya PratapHello there,Yes, I manage my properties my self.

He taught me well.So I was just wondering if there was something else I needed to know that I hadn’t come across yet that would give me some additional confidence.

Expanding also includes building new teams abroad so that would be up to the investor to take on that task.Diversify in other asset classes whether being A/B or investment types like Short Term rental, self storage, mobile home parks or even building and development. 

I see you self manage but still mention you deduct it from your expenses, seems like a smart way to go about it.