Today about two years later he could sell it for 110-120.I think this strategy is one of the least risky that can add a lot of income with minimal work, and gives you experience rehabbing. 

So, the impact will be minimal. 

Thank you @Daniel Dietz and @Brian Eastman for your insights on overall strategy.I was not aware that SDIRA requires more % down when leveraging, and was also not aware that UDFI hit can be minimized through depreciation.

Atlanta is long-done in my opinion (lots of saturation and better returns elsewhere), the TX cities either don't have cash flow or it's minimal and little inventory left and the appreciation boom already happened, Cleveland and some of those I don't consider strong growth markets so that increases risk, etc.

You should be able to secure a 50% LTV mortgage with no problem with really pretty minimal income showing I would think.

These are my standards with every home I buy/sell.The best way to minimize you risk is to buy more expensive properties, that may have lower returns (on paper) than the cheaper homes.$800 + rents seem to have less issues.

I understand marketing campaigns, and the need to "stay the course" before you "throw-in-the-towel", but I'm considering dropping this campaign.I've been doing it for about 6 months, with minimal results.  

I have focused on minimizing my expenses so that my "financial freedom" number is lower. 

Final bonus for California investors is prop 13 will ensure minimal property tax increase so as profits and value increase the taxes stay fairly flat.  

I find this helps to find the perfect price point to set to maximize rent and minimize time on market.