Hi Josh,It's always best to get actual comps for accurate value estimation.

I could go a step further too... in rehabbing the property, if I have a roofer, plumber, electrician, and painter perform work on the property (paid by the SDIRA), I could be considered a general contractor while not performing any actual work on the property or being compensated.

The one's at the box stores are inexpensive and easy to install and the new good looking heavy glass one's have to be professionally installed (pretty much) and are very pricey.You can just put up a clear plastic liner if you want the bathroom to look a little more finished for no money and the tenant can put a decorative one over it if they prefer.I guess the glass door are a little better at keeping most of the water off the floor but most people do alright with the shower curtains.

I signed up for it and it's great so far, but have not had a chance to actually use it during a flip just when analyzing deals.

Also keep in mind on the West coast it is rare to the extreme to have an actual house go to tax Deed sale.. its all land.. back east that completely different.

ADA is actually a gray area IMO because are STR's really a "place of public accommodation"? 

How would I actually go about accessing the HELOC funds for the down payment?

Not being rude, but answers so far haven't addressed the actual question. 

If you find a place that will cash flow at a 200k budget on long term rents in Houston, I promise you that you do not want to own in that neighborhood AND it probably does not actually cash flow due to the class of tenant, capex, vacancy, and turnover costs.I'd suggest you try to find some connection to a place rather than randomly picking a market.

I bought 1% ownership, the experts handle all the work, and I anticipate a return equal to - or better than - actual properties that I manage.