Financing seems to be tricky with IRA hence feel that its best to buy with self funding fully.

If it had been my client buying this property, they would have paid a lot less even with the full commission factored in. 

@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

You can probably find good deals in Tampa right now, but I'd be very strategic about where you buy and yes, insurance and taxes can be killer, but there are plenty of investors there and for good reason. 

I buy to rehab and turn into rentals so Pinson, Pelham, Bessemer are a great fit for the areas and returns I'm looking for.

Quote from @Kaushik Sarkar: Hi,I am looking to invest first time with a turnkey developer,  who is buying the land and building a multi unit commercial retail center and some apartments.

Investment Info:Single-family residence buy & hold investment.

Hello -Looking to buy a duplex in Albany, NY as an investment property but have little cash. 

Quote from @David Lambert: Hey David, I have experience managing properties for my mentor before going out and buying my first one.

Time with family, giving to a preferred charity, or just having nobody buying your time.