While you can certainly administer investments with activities such as executing contracts, paying expenses and receiving income into the plan, you put your IRA at great risk if you are out doing all the necessary marketing and deal-chasing activities that wholesaling entails.  2) Wholesaling is a dealer activity and therefore subject to taxation on Unrelated Business Taxable Income (UBTI) if conducted on a regular or repeated basis. 

Properties everywhere sitting for 60+ days on market and many off markets arise daily.

I just did my first one.. it was a house I wanted to retail but market softened a touch.. so I thought I would give this a try.. for me I just hired a good STR PM and I had income within a week of having the home furnished and they did it all for a management fee.. to me the management fee is a no brianer for the busy professional who is doing this as an adjunct to their daily business. 

Do you mind sharing how many units you have and do you do STR on all of them on per room basis or the entire unit?

The property had one tenant "paying" rent on a month to month basis.

If you see their add on television or hear it on the radio, they probably don't do what you need on a regular basis.  

Its up to the lender after they find out that this has been done (typically a change of insurance notice that they received) to notify the borrower, that in order to refinance, they will have to revert title back to themselves on a personal basis. 

Small apartment buildings, think 10 units....will typically trade on price per unit basis to a comparable unit.

All-in yield on cost (NOI/all-In cost) should be at least 100, ideally 200 basis points over market cap rate to have a decent deal.

So I started doing the same work on a consulting basis which has been wonderful because it's given me total control and flexibility – but a lot less of an income which I was hoping would be supplemented by wholesaling.