We have talked about things such as rent by the room and acknowledge that the operating model will likely be very different while living in the property vs. when we move out.I think the point you made about assumable loans is very helpful to get into a property you might not otherwise be able to afford.

We are not currently under any sort of contract and we just found this thread through a google search on Lendbase.We are currently working on a construction loan to develop some residential lots, assumed the Mortgage Broker would be on the up and up... had some sales-ey call with a guy out of Utah. 

More than likely a blend of my money and other sources.So, I'm assuming "other sources" is equity, not debt.

At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

I'm assuming that a business account would work but I'm sure there is some nuance and tips that I don't know about.Any insight is greatly appreciated, thank you!!

And the idea is that folks that dont know any better assume your on another level or up there with real MLO's and NMLS registered lenders  like myself..

If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.  

20 townhomes sounds like it would be sales, but I don't like to assume. 

I assume you’ve got a loan that says you will be living there.

Assuming you purchased in your IRA for cash as most do, then there's nothing to deduct or depreciate because the income is non-taxable inside the IRA already.