Unless you do a big value add you just can’t find numbers close to what you mentioned for a “safe” asset.

You can open a Self-Directed IRA and use the IRA funds to buy a house using a Non-recourse loan. 

There are a few options.1.

A maximum over-funded life insurance policy is very much like a Roth.

Need a bit more info. 

A 4 star is good.

Have AT LEAST a year's worth of a cash runway saved before making the jump.

I tried to research the best and most user-friendly PM site that did not charge a fee to maintain a property, being that it was my first one and I was self-managing and not using a PM.  

You don't get that with a fixed percent profit sharing.I definitely left out a ton of information with the goal of not making this a lengthy post.

For your example, making the basement fully operational as a livable space seems like a great value add.