Remember that banks have a time limit (of sorts).

It`s a beautiful snow-stormy morning here on LI -beautiful because I get the day off from work with pay :D I`m in a 100% totally unrelated(to RE) line of work, but have always beenthe entrepeneurial sort at heart.

Eli,Buy and hold for me.A suggestion.Some people will not come back to a thread for all sorts of good reasons.

Getting it sorted and ordered in a way that works for you is the challenge.

:crying: What sort of loan would you recommend?

The main take away is that the occasional transaction of that sort would be OK, while a focused strategy of using your IRA in that manner on a repeated basis will not likely work out.The first issue is involvement. 

And some will want a cash reserve of some sort. 

By law any security deposit must be segregated away from the income produced by the properties, so it is important that is not used to pay any leasing commissions or anything of the sort your manager might have. 

@Ryan Dalton @Robert MotchCOC returns of 10% or higher is possible but you have to be looking for the deals and sorting through them, many of them. 

You'd have to have King Midas luck to get any sort of consistent cash flow out of North City.