Im not sure if now it’s a good time to buy or maybe I should wait, specially with this whole Covid-19 going on.

@Bob CarrollYes, leveraged income to an IRA generates UDFI (Unrelated Debt-Financed Income) that will produce a need to file form 990-T and pay UBIT (Unrelated Business Income Tax).Look for a CPA who specializes in tax-exempt and non-profit entities. 

We consulted with an attorney who specializes in Self Direct and retirement accounts.

Specially his family can’t get my percentage or vice versa.

Nothing special, but definitely a move in ready property that I can immediately touch up a little and rent out the other unit to cover my mortgage and create positive cashflow. 

To add to @Nathan G. list: Hoa fees (these can be huge) Property management fees (again, can be huge… like 40% of gross)Storm & special insurance for houses on the coastSome states have special (read: higher) tax rates for properties not owner-occupied.

Leah Sykes at Greenspoon Marder and Sia Rezvani / Jeff Bennett at Warren Allen do Landlord Law almost exclusively.It's kinda specialized compared to regular RE law (more litigation), but I can recommend all 3.Call quick, they're all busier than h***.

Find a firm that does what you want to specialize in. 

As was mentioned earlier, its a hot market specially the Hampden area and its tough to find a decent deal around the neighborhood specially since everybody's looking at buying houses given the low interest rates.  

I recommend finding an accountant who specializes in real estate taxation.