I feel like Ryan and I are learning as much as we can in the time we have to learn.

You can't avoid every possible problem, but you can make the best decisions you can in order to avoid them as much as possible.

@Christopher PhillipsThanks Christopher for your comments.Yes there is some fat in the deal.

You have good tenants who pay market rent (more or less) and are willing to sign a 2 year lease...one thing I really like about keeping good tenants is that your vacancy rate will be a big fat ZERO for the next 2 years! 

I would see that as a big fat red flag

I may have fat fingered some numbers.

We can in our county. 

Such vehicles are a means for your IRA to invest in real estate, not a way for you to get your hands on the IRA money for your own deals.So, the main comparison to make is; can the IRA grow better and more securely invested in real estate than it can in whatever it is invested in today.

I was taught growing up that what I should do is find a good job, save as much money as I can in my 401k and never dream of touching that money tell I’m 65 and retire off into the sunset and enjoy my golden years ...::.

I am glad i now know i can in fact move out of the property before a year and i will also be able to refinance after 6 months given there is enough equity in the home.