A Solo 401k plan offers the same abilities as a Self-Directed IRA LLC, but without having to hire a custodian or create an LLC.

Laws, customs, standards of practice vary enough within our own country....going abroad with your money is just a large risk to take if you do not know what you are doing.

But why not add practical experience, too.Most colleges have class offerings flexible enough that you could still work part time in construction or a related real estate area (and I find employers often open to college students and working around their hours).

Lots of moving parts in your prospective opportunity.Obviously, you'll need to know the numbers and determine whether pursuing an Ohio property from A-Town makes any practical sense.Here's the rough format I use: PETIOProperty - need to know after repaired value and rough costs to repairEquity - need to determine all outstanding mortgages and liens of recordTitle - research record owner(s)Interest(s) - need to research, identify and contact all persons who have beneficial interest in Decedent's estate as heirsOpportunities - Determine best way to acquire or profit from the situation.

Seriously low, cash offers, long option periods, with the ability to list the home with a signed contract. 

First, the reason for doing this is the ability to use the same funds over and over again.  

Motivation comes from leadership.What I learned, however, is that some companies invest into systems and environments that make their PMs succeed no matter what their personal abilities are.  

I don't think there is much downside risk with the area however I think material upside potential in the form of ability to increase rents or overall neighborhood improvement is probably unlikely. 

-Permanent extension on small businesses’ ability to immediately expense business equipment instead of depreciating over multiple years. 

And I have never received a bill where the cost of repair was any higher than I thought I could get it, and usually its cheaper.One bonus of a PM, you dont have to worry about anything.