For example, you’ll want to define your property criteria, set up vendor networks, use property management software (even if you self‐manage), and treat each acquisition as part of a system, not a one‐off.

I would first ensure you have your asset allocation well defined in your personal financial plan.

This class is not defined as just a traditional family.

Because our resource based system defines quality and experience of life, by ones quantity of resources. 

Someone defined as a 'real estate professional' can us the depreciation deductions to offset, ANY other income.  

Hey @David Smith First, you and your wife need to define your goals and be on the same page whether owning is the right path and you can swing it based on current and future income, family status (do you have kids now or plan to) and lifestyle.I do see some issue with your table.

Within SDIRAs, this may include trust deeds, mortgage notes, or private promissory notes.How it is commonly held in an SDIRA: The IRA is the lender of record Loan documents name the IRA (not the individual) Payments flow directly back into the IRA Custodian records payments and annual valuationsWhy SDIRA investors look at this asset type: Predictable payment schedules Defined interest rates and maturity dates Tangible collateral in certain structuresKey compliance considerations: Disqualified persons: The borrower cannot be the IRA owner or related parties Self-dealing risk: No personal guarantees, servicing, or side benefits Expense handling: All costs must be paid from IRA funds Documentation: Notes, deeds, and servicing records must align with IRA ownershipCommon misconceptions: “It’s passive, so compliance is simple” “Short-term loans don’t require strict documentation” “If it’s secured, it’s automatically compliant”Primary IRS references: Internal Revenue Code §4975 (prohibited transactions) IRS SDIRA guidance on disqualified persons and lending arrangements4) Compliance CornerFocus: Prohibited Transactions (Why They Still Matter in 2026)Plain-English rule:An SDIRA cannot engage in transactions that benefit the account holder or related parties outside the IRA.

You’re absolutely right that defining my why and long-term goals is key before diving in.

Owners usually care less about who performs the inspection and more about risk reduction, proof of compliance, and avoiding city violations.The habitability check can be real value as long as it’s clearly defined.

Immigration policy also affects labor availability, which remains a major component of construction and operating expenses.