I own two properties here in Texas.

So, I don't think they would be able to stay.There is currently no loan on the property. 

Looks like you made a good decision with property management.

Also does your locality allow you to work on investment properties?

This is the only property we’ve ever seller financed, in case that clears up any questions you have about Dodd-Frank compliance implications.

I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA. 

Consider offloading an underperformer, or a high equity property and getting better, larger or more assets.

If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.  

As you start you will want to take into consideration that many owners and hosts use more than just AirBNb to host their properties.  

It will help you figure out what you target goal is for your first property.