Feel free to reach out if you have any other questions or need more information!

After taxes and fees, and depending on if you plan to depreciate it at all, you may not have to pay anything or much in taxes. 7-22k spread minus closing costs (also the eviction costs are a write off as well) isn't going to be too much in taxes depending on what you decide to do. 

Since the product is still so new, they've been granting beta testers free access to the product's functionality in exchange for feedback and bug reports.

Feel free to ask specific questions or share your experiences as well; there's always someone here who can provide valuable feedback.

The other option is to form an LLC prior and both go on the loan in terms of dual borrowers so that the land is used from one owner and the assets or cost to build is coming out of the other partners funds.If you do not own a primary home you can build a home with as little as 3.5% down but cannot use an investor for that option. 

Maintenance costs. $225/month seems dramatically low.

I suggest conducting a cost segregation study on both the acquisition and improvements. 

Feel free to DM me if there is anything else I can help with. 

If they want 78 degree temperatures with windows open they will likely have monthly costs of $3-400.

The check book control package look attractive, at $1095 after a July 4th $200 discount :-) https://www.broadfinancial.com/self-directed-ira-plans-custodian-checkbook-control/I will need to set up one with pretax 401K , then another with after tax Roth IRA, so, want to make sure to control the expenses/cash flow of start up costs.