Basically, the less interaction with the investments, the better.A Checkbook IRA LLC or Solo 401k will put you directly in control of the funds and eliminate the 3rd party layer.  

Any one on this thread  also be careful with lenders who offer money who cannot communicate in basic English..  

Learn the basics of real estate before trying to deal in real estate!

Obviously I wont learn everything before I need to close on my first deal, but the basics are crucial.

@Andrey Y.You may want to check out Principles of Real Estate Syndication by Samuel K Freshman and It's a Whole New Business by Gene Trowbridge.

I live in Albuquerque, and have an office in Rio Rancho.been doing all sorts of real estate for decades. why don't you reach out to me, lets set a time to sit down, and I can lay out the basics pretty quickly. and we can talk about how quickly you can find and acquire a RV park.

Re #2/3 So basically the borrower would look for the at the mortgage agreement for that requirement?

Basically, charge VERY little and PAY ON TIME EVERY MONTH.  

Investor simply do not know how to run the numbers and by the time you run them for them and they are not really making any money they say OH I see what you mean.. its funny how basic math is just lost on many folks  LOL

@John HyattThe answer is no.The principle of a self directed IRA or 401k is no different than any other retirement plan, just because it can be invested differently.