To make the loan secured you need a deed or trust or a mortgage in addition to the promissory note.You should consult an attorney to make sure your IRA interest is protected.

Any additional help is greatly appreciated.

I would double check with your accountant on that though as you don't want a nasty surprise down the road (and you know what they say about assumptions).As far as Providence & the East Side, I attended a neighborhood meeting a few weeks ago with some people from the neighborhood and some folks from the Providence Building Department.It does sound like they are leaning in favor of some additional regulations for AirBnBs in Providence, which may involve needing to get a special permit.

Additionally you need to learn where that is because sellers don't care that 10 blocks north is a descent area and they're selling in murder alley to them they just want to "get" you and they hope you don't know where the delineating streets are.

Certificate of Formation is filed with the Secretary of State    -  Additional later of defense: file it under an Agent Trust with yourself as a member - your name does not appear on the public filing, making it a needle in a haystack for anyone trying to find your assets.3.

If there's no additional credit check fee for both the applicant and guarantor, then it's included and so it would actually be on the low side. 

The only difference was it had parking for one additional vehicle, the cabinets and countertop are newer, and it has a larger deck. 

The real options I’ve seen (not the happy homeowner lease options) typically are for a year for a set option fee, with the right to renew for another year at a set additional fee, with or without a price escalation.

The bank gives me $75,000, I "make up" the $50,000 I initially put into the investment and pocket an additional $25,000.Does this make sense or am I misunderstanding how this works?

Then the buyer would need to pay the additional $3k to complete the build out of the garage.