I agree with @Isadore Nelson, there will be an initial sting due to to the IRA transaction but with quick math at 8% your 60k will generate about 4.8k in year one, in 4 months at 1.3k you've already eclipsed that, their will also be a larger tax for passive income and an initial penalty from the IRS, but it won't erode the 8 month difference let alone the yearly compounding effect.

If it checks the boxes I move to more detailed underwriting.

It took me 5 or 6 years to find my first private lender.

That means that unless your state allows you to just keep their money you have to try to re-rent the house.

Verifying last 2 years of rental history very important!

It sounds like you’ve accomplished a lot in three years—congrats!

Inspection was average for the age of the house around 90 years old.

@Brett RiemensniderYou don't need to provide anything to your tenants tax-wise.

Here in Colorado, you need to have a real estate license, and in order to get your license you need to go through what basically amounts to an apprenticeship for two years (associate), before you can have your own firm.  

I pay a neighbor's kid $10 a week to roll 2 cans down to the street and back.