Once the property is sold we will be able to pay off the HELOC and will also have further funds coming in the following year.

It's really all about putting together your team - realtor,  title company, other adivisors, QI.

I have been on New Western's deal list as well as another bigger local company and everytime I underwrite these deals there is very very minimal left on the bone let alone contingency funds for going over budget on the flip...

probably a wholesale company.. get a second opinion from a local RE agent so you dont get hosed. 

Also find some funding and some friends that can help catapult me to where I am trying to go.Welcome back Jerome!

You could put most of your funds in the stock market and access them when needed for a HML.

May be you meant that the IRA has deferred-tax funds and not Roth?

The Exchange Accommodation Titleholder ("EAT"), often a sister company to the qualified intermediary, will form a single-member limited liability company and disregarded entity or ("SMLLC") to serve as the lessee.

Control and Flexibility: With an SDIRA, you're not limited to stocks, bonds, or mutual funds.

So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost.