This is nice feature to be able to have access to your retirement funds tax-free and penalties free at any time (if you were to pull funds from the IRA you would be taxed and penalized if it was early distribution).

What, otherwise, will be the policy in relation to dividends – to what extent is it intended to distribute / retain surplus profits?

- Are the profits distributed monthly, quarterly, annually?

The very concept of a tax inside of an IRA scares a lot of folks off from even thoroughly researching the concept... which is their loss.When an IRA uses debt-financing, the percentage of the income that is derived directly from the IRA capital is fully sheltered. 

You should get a HUD aka closing statement that outlines exactly how proceeds are distributed at closing and who is due what amounts.

Leaving out key facts such as the sellers could make a significantly more money to list FSBO or using an agent is completely different then getting into the minutia of how title and escrow works; or the intricacies of how a global supply chain and distribution network that was built over decades works. 

However for the latter with the declining population especially of this zip code even with the new Nike distribution center nearby may be a real challenge.

That appraised value will be used to determine the taxable income amount of the distribution. 

How is this $10k distributed?

Or is it tax deferred until when the distribution is made later?