I need assurance that person knows what they are doing and my money will be returned to me in full as promised.

There are also plenty of lenders that will not for various reasons that mostly come down to how an organization decides to deal with compliance.  

@DMikal Mitchell If you treat it as your primary residence then you can likely get conventional financing as your primary residence, but I am not sure the compliance around that method as I am not an expert on conventional lending.

Option 3:   send them a 3 day compliance or quit letter and start evicting if they don’t comply. 

This way everyone knows the deal is done by the books and reviewed by compliance, title done correctly etc.

Also look more into section 8 if you want some type of assurance you will get paid. 

Hello All, I am looking for some advice or maybe assurance that the accountant I have been using for the last few years is actually correct with the questions I have been asking him. 

I can assure you that the road to financial independence, the road to riches, the road to wealth, whatever you want to call it, is littered with failed attempts to do what you are describing.  

You should talk to a real estate attorney or title company that works with investors in your area to ensure you are in compliance with any laws.

Certainly a lot of the compliance standards for a self directed IRA limits one's ability to operate in the same way for real estate, outside of the IRA.