However, any financing using these accounts must implemented within the guidelines outlined by the tax code.The primary compliance concept to be aware of are prohibited transactions, which restrict tax-advantaged retirement accounts from transacting with the account-owners and other "disqualified persons." 

We generally shy away from condos because of the reasons that Rich Dad Poor Dad outline with limited ability to increase their value.Mike

We create a promissory note outlining the terms of the loan.

If you do rent it out with your brother, write out an agreement beforehand outlining exactly who is responsible for doing what - who answers the tenants' calls about the broken toilet, who makes repairs or finds a repairman, who collects rent, etc.

It will also outline his requirements to give notice.

The numbers you outlined in the 2nd breakdown look on point to me. 

Again, I am not an attorney.I also stated that we both agree that senario #1 you outlined is fraud and senario #2 is not.

Checkout this simple tier list outlining from worst to best strategies for asset protection in this context:Worst: – No coverage, held in your name.

I’m currently solidifying my business plan that outlines my strategic goals and objectives for my real estate investments.

As a retired landlord (13 years as an inner city landlord in Detroit and outlining areas) and so many people asking questions about investing here, let me say this......YES there are still some sections in Detroit that have beautiful homes.YES they are selling pretty cheap.Tons of Property Management Companies are popping up day by day, their chops drooling with the though of all the money they can make by managing all these wonderful properties for outside investors who don't have a clue as to what Detroit has to offer.Despite the fact that I physiclaly, lived and breathed being a landlord in the City of Detroit all these years, 24/7, seen it all, that most of you will never see in your entire landlord career, I am still challenged by some , and asked, "Why do you try to discourage people from investing here".