Again, this is with commercial/investment property; owner occupied or consumer loans may have legal issues rendering this technique non applicable.  

We have used that technique in the past and have had a lot of luck with it. 

I understand that if you live in a state that does not have a state income tax - you won't have any state tax liability, but based on $110K income, you would be in a 24% federal tax bracket...Distributions from an IRA or Roth conversion would be considered ordinary income and subject to ordinary income tax; capital gain tax is not applicable here, so I'm not sure why you are bringing it up... 

Yes we were successful winning bidding wars 3 months ago using the family postcard technique;) Basically, we added a cute picture of our family along with our offers (which were based on conventional financing) and our “humanity” made us win over the cash offers.

I have it written in my leases that tenants are responsible for clogs as well as damage from clogs. I have lengthy conversations when tenants move in about letting us know immediately if there is a clog, to stop using...

IRS 590 also explains this.5) When you receive a distribution or otherwise get paid back, never take personal control of the money.

Interesting as there were a couple of posts a year ago after the widely distributed article in the media essentially calling it a STR crash.

We distributed profits to investors quarterly and returned a 45% IRR to investors annually.

I’ve worked with ALE before and actually market my inventory to them directly via different marketing techniques.

So it sounds like it will be "tax-free" initially, but when the complex is sold after about five years I will be taxed on those monthly distributions.