In terms of financing the first purchase, I have been debating tapping into some old 401(k) accounts from previous W-2s (companies I no longer work for but still have the investment account and haven't technically rolled it into a traditional IRA).

I do IRA but its like $5500 per month.

I just did a webinar last week for Advanta IRA on this very subject (I think it should be out by now on Youtube).

This is why I have personally steered away from this type of investment, unless it's in my 401k/IRA or something where it's basically forced on you to have a passive investment. 

But maybe the annual report will offer some more in depth analysis then the short updates they provide to shareholders on occasion.Also, they do have plans of offering a IRA vehicle in 2017, which will also make it a bit more tax efficient since no such option exists at the moment.

In this case I wouldn't need a pre-approval, I would be using a self-directed IRA.

I have a great little four plex I’m buying through a Roth IRA/LLC.

Does anyone have a recommendation for a non recourse lender so I can purchase a property using IRA monies?

Possibly even a Self directed IRA (Roth or standard real estate) then it owning the LLC or moving to an S-Corp if you are planning to get many more. 

I do a lot with different types of partnerships, my own money too, and borrowed funds from IRA's.