@Enrique Toledo-Perez As a realtor are you not allowed to open a wholesaling business? 

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

Love AI in the business though. 

For example, $50,000 loan at 10% paid out evenly over 10 years.Like I said, super new to this part of the business, so trying to wrap my head (and spreadsheets) around it.

Holding company typically if you have multiple companies like a property manager, own property and other businesses. you will end up spending more per year on accounting and state stuff than what you make on your rentals. 

I use this property and another one as my business line of credit. 

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.  

Hey everyone,I'm looking to get started in the short-term rental business and could really use some advice.

Self management works if you are local and can separate emotion from business.