You also have to look at the opportunity cost of the amount you use to pay the taxes, it is not just a straight route to breakeven based on the performance of the Roth account alone.A checkbook IRA will be useful if you plan to have a reasonable number or notes or frequent turnover. 

Good day, as a contractor who gets approached quite frequently to participate in these type of loans by my own clients, please take into consideration that you need to pay taxes on your return.

HELOCs also tend to have a draw period, where you can borrow and payback as frequently as you want to your limit, then move into a pay back period.Some banks offer HELOC that are interest only payments during the draw period, and some have interest plus some pay down on principal.Then there are other banks that let you fix a rate and payment for a portion of what you have drawn. 

With New England, I live/work here and can visit very frequently.

As a police officer I am frequently called to these situations.

I would be looking more for MHP's that are already established with potential room for development in adding spaces...all of the big REITS are doing that a lot more frequently to keep pushing potential for growth and addition of spaces.  

So I guess my "moral of the story" is that you really have to factor in the area, if appreciation is reasonable to plan for, what the next decade looks like, the potential for more frequent tenant churn with a quad than a duplex, etc. 

I get as detailed as I can pricing out each line item, Making sure I check for things that would make an investment go wrong, oil tanks, septic, structural issues, etc. after that I do a call with the investor going over the property and what things need to get done and what the costs are.After we agree on a number and the job starts I do frequent walkthroughs and take pictures as work is complete.

None of this is hard and fast, and the requirements change frequently.  

We frequently provide value to the forum by answering questions and posting updates to the tax laws they relate to real estate.