My brother and I cashed out of our 5-plex in Ballard last NOV and moved our funds to a property in Boise, ID. 

It all depends on the county’s tax rate, school system, towns budget, land value and acreage, home value etc.

I've secured funding for single family investments, but have yet to pull the trigger.

Either into another property or in the index fund like you’re talking about.    

We have plenty of poor rating schools here where the students can not even write proper English.  

I am currently self funded and struggling haha.

But if you don't have enough to cover expenses, can you fund the expenses from non-IRA accounts?

With this strategy, you may be able to cash out your original down payment funds to recycle into the next project.

As well, I have a small new construction condo project and having a really hard time finding funds for it.I did few flips using my own credit and conventional mortgage to finance it but there's certain limitations to these approach as well as rehab cost is not lender's concern.

From what I'm hearing from local note investors, many of them focus on NPN acquired directly from hedge funds given the steady increase in foreclosures.