As for my numbers they are as follows.

Account ClosedSeconding the concept of "just don't go there".IRS rules are strict about avoiding any direct or indirect transactions of provision of benefit between and IRA and a disqualified party, in either direction.You and any LLC you own are disqualified to your IRA.The IRA may not lend to you or any entity owned by you or a disqualified party.The penalties for engaging an a prohibited transaction are severe, and not worth messing with. 

Any notice or communication under this Loan must be in writing and sent via one of the following options: Mail, Email.Governing Law.

In my opinion, the best use of your time would be talking with investor-friendly agents and commercial brokers, explaining your criteria and actively following up with them.

I am currently following Dave Ramsey’s plan on finance.

If in doubt you should always default to no, but that doesn't mean you should strictly forbid it.

As for the investing part I think you need to make a decision to either following the Dave Ramsey way of investing in your retirement but not your current income or  invest in real estate as a ways of bolstering both you retirement as well as your current income.

PITI on a 30 yr fixed load will be around $330.Follow up question: what would a typical hard money/ private money loan on deal like this look like in our area?

My mortgage lender (not a bank) has used every property I’ve bought as income immediately following purchase when I send them the lease and proof of security deposit.

. - I am out of state so I do not know what the normal rate for Houston would be: I have the following: Each side is 1,954 sq ft or 3,188 total.