All are expensive and time consuming and need to be considerations.

The only special considerations the IRA brings to the table are that A) you avoid disqualified persons and B) any debt instrument be non-recourse with respect to the IRA.Other than that, you are only constrained by what makes sense for partners in a real estate transaction and what banks are willing to do.Your IRA is either a lender or it has equity.  

Quick question for everyone in this thread, are we taking into consideration “bonus rooms” that some homes offer?  

I personally would love to find "subject to" deals but where can you find a market with buyers who have the means to fork over $20K in option consideration and yet have such poor credit that they would choose to rent (paying a rent premium no less) rather than secure a conventional loan, especially in an environment where houses sell for 60K? 

Of course, all very hypothetical numbers.The other slightly below FMV rents are not a problem, it is a facts and circumstances consideration - all third parties, and you may have reasons for agreeing to below FMV - good tenant, payment history, neat, etc.For all expenses, some amount of substantiation should be maintained.

I can stay as busy as I want/generate considerable revenue in those categories if I choose.

Much of these considerations, by U.S. banks, are getting their spread sheets & accounts books looking in better order, as they face the the FED is now asking banks to be able to pass stress tests, in case any financial crisis, like occurred in 2008-2009, might flare up in late 2020 or in 2021.

Will definitely take your experience and advise into consideration.

When you account for all the ways that real estate makes you money, Denver's returns look pretty good.Another consideration is amount of work you want to do.

Any valuable advice to take into consideration?