I would also like to do the occasional flip to help provide additional capital to put towards future purchases of buy and hold properties.

I have read about Warren Buffet and occasionally read his Share Holder's report, very interesting stuff.

There will always be that occasional item you have to sign off on.

Taxes, Insurance and an occasional door repair are the only expenses....The sooner the rent flows the less cost to you. 

although they do occasionally find the tougher ones. 

We’ve had to track down occasional leaks thus far to get areas resealed to prevent further issues, but the age of the roof is getting up there.Good luck finding a good regional or national credit tenant to go into the space on a NNN lease.  

This can be a good option for owners willing to deal with minor repairs and the occasional guest issue that requires an in-person visit. 

And while contributions to the employer plan are not required to be made annually, occasional contributions should be made. 

Occasionally we'll have a lead come across our desk that we wouldn't mind to wholesale if it's not what we're looking for at that time. 

Then I fund the SDIRA by transfering money from my existing IRAThen I set up an S Corp (Object of S Corp is to flip houses and occasional buy and hold, I will be taking a reasonable salary and the flow through goes to dividends thereby reducing some of the taxes vs an LLC.)The SDIRA will purchase the majority of shares of the SCorp thereby funding it's operations.Aside from being careful of the Corporate requirements (register dba name, holding shareholder meetings, annual reports, filings ect.)