With minimal equity it doesn't make sense, your rate seems good too compared to current ones

They look and operate fine and the cost to replace is minimal.

Partner Driven saw a fantastic opportunity to leverage the property’s market-ready condition, allowing for a swift and profitable transaction with minimal investment or risk.

The best thing about a new build is the capital expenses and maintenance and repairs will be minimal for many years.  

However, you'll minimal capex/maintenance/vacancy and the overall return after 5 years could be very strong. 

I want to minimize my taxable income for the year.

But I think one of the best ways to use an IRA to buy real estate while minimizing fees is to partner with others so that you don't need any loan at all. another way I'm considering using my IRA for smaller initial investments is to invest in syndications like spark rental, where you can invest as little as $5,000 for each transaction.

Avoid over-leveraging your home to minimize risk.

I would imagine if the home is being prepped before hand to remove all hazards, post burn there should be minimal debris.

Focus on building a strong local team, researching neighborhoods thoroughly, and considering turnkey properties if you're new to minimize risks.Good luck!