I am also the founder and owner of Accredited Life, a lifestyle community, brand, and experience for accredited investors, soon-to-be accredited investors and their families.

You wont pay capital gains when you sell the house as long as it is in the SDIRA but you will have to pay normal income tax when you withdraw cash from the SDIRA after retirement but would you rather pay income tax on $90K or $300K?

This normally would not be an issue but the cost of the water/sewer is extremely high in this area and specifically because the meter is a one inch, the costs are much higher than a normal 3/4 inch on a non-duplex. 

They also normally attract really good tenants. 

Home prices have decreased over the last 18 months so there is lack of good options and values still above normal. 

But if, like that fellow in Hawaii, we're all able to get the same terms and Interest Rate on a HELOC instead of a "normal" mortgage, then sure, why not have all our income and all our expenses going to and from our one loan account?

I definitely have some rose tinted glasses on and am drawn to the idea of 'lifestyle investing' hence why I am trying to get more realistic/experienced advice here.Kathryn and Jonathan, if I had to summarize your feedback;-If it seems so great, it will be competitive -If it is competitive, I am massively disadvantaged not being local/experienced in the market.

Normally a lot of people will just flip a property and split the profits 50/50 but even tasks can be split.

We source from suppliers that get them directly from the ships - these are normally near port cities (ours is located in Houston, TX).

Why won't normal lending methods work for us?