3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

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. 

Note, I am not looking for a syndicate to BRRR or rent of some sort.Experience: I have personally bought an old home on a 8,000 sq ft lot, rezoned it to two 4,000 sq ft lots with a family member.

I personally have a separate account for each property I own.

If you truly have cashflow to spare I would personally look at the 15 year.

I’m currently working towards another rental property (duplex or larger) but I know I still need funds.

I have sold some properties years ago on lease options where the tenant buyers actually exercise their right and purchased the property. ( I was in the deed.)The reason I am concerned to tie another person’s property up  with the lease option is that people can change their mind, as in the seller.  

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

Personal money How did you add value to the deal?

Hey @Mario Morales I assume you're planning to purchase the new property under your personal name rather than through an LLC?