In my opinion, $90,000 is too little capital to invest in real estate within a retirement account plan.LTV's are lower when investing with a retirement account plan - Around 65%Meaning if you were to use $60,000 as a down payment, you would likely only buy a house around $70,000.$8,000 would likely go away in closing costs.

You can run the same scenario accounting for the tax hit if you kept it past the 2 of 5 year time frame I presume you are referencing. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

If you have checkbook control you’ll have a bank account with a bank that has FDIC insurance up to $250k per account.  

Quote from @Sam Wilson: We invested via a retirement account.

Where I am running into an issue is there is a delinquent account on my credit history.

@Ashley Kehr I use a combination of Apartments.com for rent collection, RentSpree for tenant and background screening, and Stessa for accounting.

@Brendan ConnollyHi Brendan,Well, for starters I don't where you accounted for yearly real estate taxes or property insurance.  

We plan to stay in this house for more than 5 years unless another great opportunity arises, but maybe it is best to allocate a bigger portion of savings to our real estate investment savings account than our home improvement savings account for the first few years.

Please speak with your tax accountant asap or find a 1031 intermediary asap.