Even if you do not hit it I’m confident the elevated level of thinking will propel you way past the 100,000/year figure.

If you want to try closing yourself, @Seth Williams has a lot of great info on his blog (https://retipster.com/) about self closing. 

I believe that Self-Storage is the niche for me, more so, investing in a Class B or C property with a distressed/motivated seller.. 

I would just accept the tax on SS as an extra cost of doing well in flipping and being productive instead of retired.The only way to do flipping without taxation is to do it inside your retirement accounts, as in self-directed IRA.

Are you confident that it will only be $50K for all the rehab?

I still very much enjoy working on cars, and plan to continue doing so because I love it, but I'm ready to start growing my wealth as well as generating passive income.I've owned a few homes, I have some experience as a self managing landlord, I've made some mistakes and had a couple big wins as well.

He was pretty confident we were going to close even with the violations. 

Investor sentiment.. self fulfilling prophecy.. in the meantime I had the best year of my career and the year aint over yet. :)   

, I hope I don’t have to pay this lot fee my self or does the buyer do that ?

@Shadonna N.Yes you can convert custodial self-directed IRA into Checkbook.