Thanks for all of those that provided constructive feedback.

All IRA-related transactions must be "arm's length", in other words, IRA can't get involved in any transaction with yourself, your immediate family members or any entities these individuals own or control. 

Quote from @Laura Higgs: Hi all!

First, and i don't know why nobody else is catching this, you MUST go directly to your broker, sit down and discuss all this with them. 

Do you think I should give up all my profit to just get the first deal done? 

Hi All, I'm excited to join the BiggerPockets community and looking forward to growing my network with likeminded individuals.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Most notably, Mt Vernon, Berea, London & Corbin all along the I-75 corridor. 

I’d even consider finishing the basement, just well enough for me to live down there, so I could rent out ALL the units.I’d save all my cash and look to refi the property in 1-2 years out of the FHA mortgage, so I could use it again if necessary.

Keeping all properties occupied 24/7 is crucial.