They are the primary features every modern day kitchen must haves apart from the granite or the marble kitchen countertops. 1.

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Cash flow will be about $100 per month after PITI, management, and reserves for vacancy, maintenance, and cap ex.

In Scenario 2, the car is totally financed, and the $40k is instead used as a down payment on a $200K property with a 7.2% cap rate. 

Your Cap Ex will account for that work as you save for it.  

Are the features in the house in line with the neighborhood competitions?  

I like the features on this one, but $377 is a bit too much for a cheap rental. 

Still to me a pool is a feature which I would think to capitalize on in regards to rents.

I agree with above that you cannot do that with the SDIRA.I think the best way to get a similar outcome is to lend to each other out of your ira's but NOT on the title.A solo 401k might have some features worth looking into as well.For sure please seek legal and tax advice for acting.  

If you do not track it right, your accountant will not know the difference and they usually deduct 50% of meals. (95% do not even ask)As to entertainment there is a cap.