I would make sure you have a good team ready to go and be ready to pounce whenever the opportunity presents itself.From the lenders perspective, it can be kind of tricky because there are plenty of properties that cash flow well, but even fully-rehabbed they are less than 100k, which make them difficult to lend on.

should I move forward with this kind of transaction and does it sound alarming? 

What kind of deed did you get from the sellers AND ALSO what does your sales contract state?

What kind of insurance do rehabbers get?

Any kind of self-dealing or co-mingling of funds can void your IRA, with severe tax consequencees.

@Rick Albert thank you kindly for your response.

I'm open to anything and have only stated that I can be proactively involved in the business to reduce operational expenses.Buying some properties for an Airbnb kind of business can be one example of such, as long as one knows from experience that it yields better than the standard 1%.

Some have juiced that up too with all kind of party rental items. 

You are spot on and this is the kind of detailed analysis we are looking into now! 

What kind of deal sizes are you working on?