@Connor Johnstone Using Dave Ramsey's concept of money management, you either have an issue with the inflow (you income) or the outflow (your expense).

I have a general concept but can anyone go into more depth about it?

I know we can pool these funds together to create an LLC, and I understand the arm's-length concept.

Perhaps I am not entirely understanding the concept, but as I read it, it is continually cash-out refi'ing rentals to buy new rentals as the equity builds... repeat repeat.

I decided to give the 90 day intention journal a try.

They do not need to be educated on the concept, as is generally the case with your local bank.

The mastermind group was orchestrated through BiggerPockets, upon purchase of the 90 days of intention journal before the New Years, groups of 4 were set up, the price of the journal was worth the price alone, thanks @Brandon Turner, but the mastermind was a huge added bonus and worth 10 fold.

To me, I really enjoy being able to use both side of my brain: the left to do the deal, the right to design the rehab or design a real estate concept, being creative.  

The IRA should still very much see the benefits of leverage and a higher cash-on-cash return.So, if the deal is 70% debt-financed and the IRA is a 50/50 partner, then 70% of the IRA's 50% cut of income (and deductions) will be considered relative to UDFI.Get with your CPA to dive into the details and understand what recordkeeping and filing requirements your IRA will have.The concept of such a deal works. 

I understand the concept of the BRRR strategy but after I refinance for the higher amount my payment goes up so much that I'm now losing all of my monthly income.