I live in Ca, this property includes a liquor license.  

Will you be self-managing, do you have software picked out?

The rent needs to be 1800-2000 to break it even ( including maintenance and PM). 

He has suggested that to defer taxes I first transfer $150k from my current Roth IRA account into a new Self-Directed Roth IRA custodial account that I will open. 

The other options include: -moving into the property for a year to qualify for loan products such as FHA or conventional.

I'd love to connect with anyone in the area as an investor myself, currently with 2 STRs that I self-manage. 

Does anyone have any suggestions for finding some self storage investor meet ups in the northeast Ohio area?

You have to run your own numbers but compared to a 203k loan the NACA lower rate and no closing costs were a slam dunk even including the potential 25k.

If you have nothing helpful to add, please avoid posting.What I am asking is if paying myself payroll and also taking profit distributions that are not subject to self-employment tax still applies if I am paying myself out of the Disregarded LLC and not the S-Corp directly.

Does your lease agreement include verbiage that holds them accountable for issues like that?