Basically, you can unlock funds from a current employer 401(k) plan.Your employer plan has to adopt the CARES act provisions that allow for Coronavirus Related Distributions (most will).You have to demonstrate per the CARES act provisions that you have been impacted by Coronavirus in some fashion so that you may distribute up to $100K from your cuirrent employer plan without an early distribution penalty.You then can roll that over to any qualified retirement plan such as a self-directed IRA before December 31 of this year and not have to pay any taxes whatsoever. 

For my part I want to provide safe, clean and modern properties that are well maintained, and just want tenants that take care of them and pay rent timely.

In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.

@Josh Crockett - Basically due to difficulties getting financing in another fashion on an incredible deal.

I have dealt with this in some fashion for over 20 years. 

I have a neighbor who buys furniture at garages sales, cleans it up, paints it and adds modern hardware to make it look better.

@Alex Rodriguez For me it was the old fashioned way of saving up and purchasing my first single family rental. 

However, many states require statutory trusts to register in a fashion very similar to trusts, and may or may not charge similar of sometimes higher fees. 

I envision it as a minimal, modern, outdoor-focused community that is affordable for people like ski instructors, waitstaff, ski bums etc. that are currently being priced out of Truckee and vicinity

These were modern glass-and-steel structures with the new urban appearance.