I've done deals like this where I've had the seller hold a small second, subordinated to the banks 1st position mortgage, with payments to the seller deferred until balloon payment which I make coterminous with the bank's mortgage.4.) 

Investment Info:

Single-family residence fix & flip investment in Riverwoods.

Purchase price: $365,000

Cash invested: $550,000

Bought to live in, forced some equity and was able to get out almost...

Is using a self-direct IRA to fund this venture a way to defer taxes until retirement ?

It requires a solid understanding of real estate finance and long-term strategy Appreciation is tax deferred not tax free for RE investors meaning if you sell without a 1031 or dying, taxes are owed.Rent growth has more impact on cash flow than initial cash flow on a long hold.Case Shiller used to publish the top residential return large cities since 2000. 

Once you sell your old property and use a QI, the exchange will be complete and your capital gains will be deferred.

But since I am not an elder care specialist, I have to defer to Nancy and Dr.

In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!

I'm not a tax expert and dont know how this would conflict with the tax deferred basis, but if doable, this isnt a bad option, either. 

Its interest income - unless you wanted to run it through a C corp but then you pay corp tax first.Other option is to use a deferred retirement account. 

We (the buyers) notified our agent that the property must also be move-in-ready.We received images of the interior and exterior which showed the property in move-in ready condition/what appeared to be minimal to no deferred maintenance issues, the listing said "property inmove-in condition/turn-key".