All transactions you do inside of a self-directed IRA must be "arms length", meaning that you personally can't do any work on them, provide any service, or benefit from the investments in any way.

Then you make a recurring JE that debits Depreciation and credits Accumulated Depreciation each month for the prescribed amount.

For smaller loans like that, regional banks and credit unions are often the best fit.

They may advise you on the particular conditions and limitations pertaining to the loan.Tax Implications: Keep in mind the potential tax implications of renting out your current primary residence and the tax benefits of real estate investing.

When you sell that property depreciation recapture is technically measured on "allowed or allowable" depreciation on the property - meaning there is a possibility if someone claims the 80% and doesn't fix it, they'll still be paying recapture on the 100%, even if they didn't get the tax benefit of it.

I personally invest in Brantford which has done well for me in the past.The other thing to consider when investing in the US is that you may have a harder time getting any mortgages as you have no credit but I'm sure there are ways around this.

I had checked with most of my local banks, big banks, and credit unions and they seem to all say that they only offer HELOC to primary residents.

The owner Rob build and sold more than 100 homes per year but also had at least a dozen that he held which encouraged me that using the BRRRR strategy may be beneficial as he then would get the benefits of depreciation to help offset the profits he was making selling off the others.  

I'm open to learning from all perspectives and excited to engage in a fruitful discussion that will benefit us all in our real estate endeavors.Looking forward to hearing from you all!

Same goes for if they are the liquidity component or have better credit.