This is my first deal and I wanted something to provide me stability for future me

We self manage our properties, but we provide maintenance work for others rentals and pretty much all the property managers around here are mediocre. 

For short-term gains, options like private lending, where your IRA acts as the lender, can provide consistent returns through interest payments.

It can be trained to provide an initial analysis but I agree, nothing replaces expertise and sound underwriting. 

Again, this is only based on info you provided so there could be a lot more to the story for the good or bad but I can only comment on what was provided. not sure many are thinking rates are going to drop much in the next year.. seems like one would want to know how much they need to drop to see if the plan will work before putting good money after bad.

Quote from @Roger D Jones: SamEveryone here is providing great points to consider and if you were my son I would say that at 360k this 'dog needs to get put down'. 

I am a realtor and wholesaler, and I get some buyers looking for owner financing, some sellers need/prefer getting cashed out and there are some lenders I work with who can provide the financing however they run out of funds sometimes.

Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.

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 am looking to begin the process of a 10+ year plan to build out a sustainable REI enterprise which would ultimately provide me with significant passive income and net worth to make a legacy business for my family.