You should determine, are the returns strong enough to justify paying some UBIT, in comparison to investing in other investment products, such as what your IRA is investing in now. 

I would highly recommend you check out their products, especially the mini-property management kit.https://wilegalblank.com/colle...

I would also recommend buying paper goods/cleaning products from a WB Mason or something like that for the best savings.For mattresses, I use Lucid - they are so comfortable and affordable, they also get delivered in a compact box which makes it easy.Have some type of signage out front and make sure the numbers are easy to differentiate on the property, that way its is clear and straightforward for guests.

@Jesse Dominguez-Castelan you could get in touch with a local bank in that town and explain to them exactly what you just did here and ask them if they have a product that might help you accomplish both the buyout and the renovations.

Go with the product that allows you to pull out as much cash as possible.

One thing I'd think about is that some of the retail products which do this seem to be useable in a 1031 exchange and some not, so I'd keep that in mind when selecting what to invest in, if 1031 exchange is part of your strategy.

Hi Jasmine,A DSCR cash out refinance sounds like the best product for this.You can vest in an LLC and most DSCR lenders do not report on your personal credit report!

If the end product is similar to conventional construction, and is compliant with applicable building codes then I think you're good to go.I think you should also consider where you might start. 

DSCR won’t be the product you would use for ground up construction/ new build.

I deliver a first rate, top of market product and rarely do I see my properties sit longer than a few weeks.