The reason you have to obtain this special type of financing is because the tax code provisions (IRC 4975) do not allow you to personally guarantee debt that your IRA or Solo 401k takes on. 2) It was referenced above UBIT, which is a special tax on the portion of the after expenses and depreciation, that is attributed to the debt financed percentage of the property.

I do not give the code or address out early, for the same reasons others have mentioned.  

It's important to do your research and know the current laws. https://law.justia.com/codes/m...Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

IMHO You can go with ducted minisplit systems as this is a new build and subject to the newer energy code.

What do you think of the area code 34746 in Kissimmee for investment ? 

A friend recently asked me to compare two Houston zip codes, 77008 and 77063, from an investment perspective.Now, I'm a big fan of Texas, but the first thing I said to him was that the weather is HORRENDOUS.

Make sure the basement area has egress and it is up to code to be considered a livable space. 

The 90%/100% programs are out there for new investors, I know of 1 maybe 2 that will provide those terms to a new investor given:Credit is 750+Appraisal numbers came in fantasticThe zip code the house is in is a favorable one for an exitI've closed or oversaw the close of 100s of bridge loans, be happy to answer any questions you may have about it.If your ARV is 550k, that means you want your max project cost to be about 398k (72.5% of ARV), if you buy for 359k that leaves hardly any room at all for rehab costs. 

There is some blighted in that ZIP code.

That company supports foreclose bidders they produce a document daily on all the sales with same info I mentioned above and color coded certain props with extra caution Red or Green for ready to go bid with confidence. although this created uber competition.