Practical path: confirm rules with the custodian, price the deal with conservative leverage, get term sheets from lenders who specialize in nonrecourse to retirement accounts, and decide if lending your SD funds to an unrelated investor is cleaner for your first move.

Duplex can always add additional units via the ADU laws.8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.

I'm new to RE investing and I want to practice underwriting deals in my free time so I can better understand the process and be proficient at it when it comes time to actually getting a deal.

I would like to hear the pushback on why not to invest in Texas as it is becoming one of the best places to buy a house or become a landlord with new laws and Etc. 

@Leonardo Martinez you might get some specific San Francisco help here but the laws in your area are so specific you probably should get a lawyers advice.

I'll join you in the law suit. 

@Eric Stoner for the CPA, I'd recommend just getting a really good REI-savvy CPA who is familiar with NY state laws but may not be physically located in NY rather than restricting yourself to finding a local CPA.

Run practice underwriting weekly so you know exactly what you need and don’t overbuy; when a deal fits, you’ll be funded and decisive.

I’ve always stressed that a thorough knowledge of real estate principles, real estate law, and real estate finance is imperative for a sustainable profitable career as an ACTIVE real estate investor.  

I own a condo in uptown, I think its a great area.However, many condo associations have strict laws in terms of rental numbers.For example, the condo I own went to 80% owners and 20% renters a few years after I purchased.