Using the funds that we had saved up to purchase a new car, I convinced my wife (she’s a saint) to reallocate the money in order to purchase an investment property with the expectation that we would be able to refinance the money back out in 12-18 months to then purchase a needed newer vehicle.

This vehicle has number of advantages over self directed IRA.

After nearly a decade of moving wherever work has taken me, I'm ready to make my own work and move along with it, and am aiming for real estate to be that vehicle that both grounds me and propels me forward.

this conversation if they are interested in real estate can get in depth or others will just say that's nice.Yesterday coming from Detroit to Dallas enroute to Portland  LONG day.. one person I sat next to was in the heavy duty utiliites business and we had a great conversation about what I do and what he does.. since I actually build subdivision and know a little about how utls work.. 

I am vacillating between just taking the $280k, putting it in Patch of Land, or other equivalent vehicle, and getting my 9-10% a year without having to deal with properties, managers and tenants in my retirement. 

That would be true regardless if you buying property in your 401k or outside of tax-deferred vehicle. 

I’ve heard of people buying 600k multifamily with around 10k in closing costs  10K on a 600K multifamily seems ridiculously low unless the borrower has a magnificent relationship with the bank doing the loan (meaning deposits that equal the loan amount), walk on water credit and the lender is selling the file with a heavy yield spread. 

Is she going to plug into the new wire circuit or climb behind the heavy furniture and fumble with an adapter to plug into the 2 prong. 

NO state income tax.. property tax's moderate to low compared to high tax rate states.. and you just drive 5 miles over the Columbia River to do all your shopping in Oregon which has no sales tax.. ( with the exception of a vehicle) everything else can be bought in Oregon.. this hurts retailers in southern Wa. and props up retailers in Portland.. 

The lawyer is mostly trying to say that I didn't have the right to hold any money for damage that the tenant claims was done by icicles, but I discovered the damage in July after she moved out, so not an icicle in sight, she didn't call me or take pictures, and I think it was a dent caused by a car or a heavy object and she is lying.