Only a Self Directed IRA require a custodian who is responsible to make the deals, meaning they sign the papers etc, this costs money and time.

Online research points to 'filtration soiling' and it seems to be somewhat common down here (NC).

That included going to the courthouse and searching records, looking up information online, checking for back taxes and such.

We just sent our second round of apartment letters and got 5% response so I am curious about doing storage.

(I opened the Florida markets and ultimately was responsible to buy/rehab/lease/manage over 12000 single family homes which we bought 1 at a time from Q2 2012 to Q4 2014)  Lucky me, I can say I have signed more individual closing packages than anyone in Florida history... that and $5 still only buys me a cup of coffee at StarBucks!

Just to gain education, I'm taking online real estate classes while my wife is taking in class courses.

The property belongs to the one who holds title to it and is not officially responsible for the payments since the loan is not in his name.

I thought about having a property management company manage the property but I do believe this is something I could do on my own and utilize on line screening services as well as checking local evictions public records. 

All tenants are responsible for the rent payment for the full month in which the tenancy terminates.

This isn't googling how to make money passively online for 8 hours.