But, I do use a large HELOC on the property to fund flips, so I do get some benefit from that equity that's not factored into that return.

That's definitely going to be a deciding factor if we go ahead with the idea.

I am most interested in the BRRRR strategy as I am looking for cash flow, but would enjoy rehabbing properties as well.My main question: What types of jobs within the Real Estate Investing field would be best for someone like me to get the most useful experience possible? 

We teach a first-time homebuyers' class here in Denver, and we tell attendees that experience is the biggest factor I'd look for. 

I have been in the banking industry, mainly commercial lending, for the last 15 years.  

All tenants are month to month, so raising the rents is a bit easier and then lock in 1 year leases.There are some bonus opportunities i.e. spreading water bills to tenants as well as airbnb opportunities in 2 of the units as it is on the water, but we are not factoring that in right now.My questions:We have the seller financing option, and the ability to do private for the 30% down second at 8-10% and 2 points.

Main items of work are ripping out all old carpet, intalling wood laminate in place, installing a shower, and interior painting; possibly a kitchen counter or two.

Since my main question was answered that I should have rent money go into the beneficiary IRA, since rent money is not considered a contribution.

Are you wanting to fix up a property and do you know exactly what that price range offers and the risk factors with that?

I figure out 2-3 of your main priorities and work your plan around that.