There may be restrictions on what you can use a security deposit for.

@Lux BaiGet into Fix n Flip business, buy cheap repair and then sell, no restriction on buying cheap properties with the type of money you have.

Also be careful about HOA restrictions.

I first thought a SDIRA was the correct choice, but the more I read about them, the more restrictive they seem. 

You are restricted to pulling out a max of the purchase price plus closing costs prior to 6 months.

Patrick, Do you have rental restriction on your property?

Rent is generally the biggest monthly expense for most renters in the United States, however, when rent is paid on time, traditionally it isn't taken into account unless a landlord has proceeded through the lengthy process of reporting negative payment history (and even then there are still some restrictions). 

Because she has dreamed of doing this and she wants to take over management in our next four 4 plexes ( my goal is 5 ) Tonight we are trying figure out dog breed restrictions to let them know in morning closing.

Unlike just having a self-directed IRA which put restrictions on what you can do, the Self Directed Retirement Plans LLC structure allows you to perform maintenance on the property, advertise for renters, collect and deposit the rent checks, pay the real estate bills, etc.

I have been very successful with direct mail campaigns.