I would also pay by activity not by the hour.  

My portfolio is not that large and it irked me to pay a bookkeeper so much and still have to do a lot of the work.

All rents you get from this property has to go back into the SDIRA but if you get a 20 year mortgage (that the rent can cover) and can pay the rental off by age 65 you will have turned that $90K into several hundred thousand’s of paid off real estate.

I guess it will take another 2 to 3 years to get the rest of our my money back if D32 builder is really sincere to pay it back. 

Reporting the proceeds you pay to seller on a 1099 sounds reasonable.

We only needed to pay earnest money and a portion of the closing fees bring upfront investment to 12-15K.

I will pay the money if I can do 1 or 2 deals in the next 4 months.

@Dillon Clark-don't pay extra down on your mortgage-don't use a HELOC-save up as much as you can-hope this helps

In this case, the buyer does not pay the loan directly.

You shouldn't pay any draw until the work is done.