Also, I don't believe your investors are any more pleased knowing your CEO is pursuing other business initiatives when their is clearly some adversity in the RADD business preventing redemptions.

Your argument would suggest that if I bring home $2k/month in cash flow from a rental property in LA (where I live), that's a good deal, even though I probably had to put $2M cash into it initially.

Initial Financing: Used a hard money loan (HML) with 10% down, interest-only at 10.95% for 1 year.

But I think one of the best ways to use an IRA to buy real estate while minimizing fees is to partner with others so that you don't need any loan at all. another way I'm considering using my IRA for smaller initial investments is to invest in syndications like spark rental, where you can invest as little as $5,000 for each transaction.

It would cost less, initially, if a person kept it as four units and either rented the property out less of the time or not at all and kept it strictly as a vacation property.Any thoughts are appreciated

Many of the recipients are single mothers who actually want to find stable housing for themselves and their children so initially they are looking for the best house they can find and it is only when time is running out and their voucher is expiring (Yes that is a thing) that they begin lowering their standards and will settle for a cheaply put together home. 

My initial research has been outside OKC, Killeen, TX, and maybe Ohio.

It has a higher initial cost (2~3k) but less maintenance over time with a longer warranty.

Use all of the proceeds and take a smaller loan initially. 

Multiple properties listed on the website portfolio appeared to be ones they would possibly not have initiated the LOI/PSA/sale as the properties are known to be bought/run/sold by other entities/syndicators.