Their budgets are HUGE [I've seen up to $10K/monthly a furnished home].

Congrats - love the design

I can see sharp investors talking to these folks and just basically talking the seller into cancelling and coming with them as they will pay more..

With no renovations needed, the home sold the same day for $220,000.

Conventional financing How did you add value to the deal?

I want to continue to invest in the property especially after getting back the inspection report which had a little more work than expected but I can roll with the ball!

Cash from a self directed IRA How did you add value to the deal?

If you want someone else to put up the money you need to provide significant value to the transaction.

I just want to make sure that I don't end up paying taxes on it like I would if it was a long term property and I sell it without a loan to repay, therefore, it looks like all profits to IRS. 

I see a lot of posts on Bigger Pockets asking if I should refinance because my closing costs are XYZ.