Its important to keep in mind the purpose of an IRA is for retirement, so as @Jaysen Medhurst indicates, the income always flows back into the IRA, which can be taken personally through the process of a distribution. 

Each Land trust/LLC has a management contract with a property management C Corp.A WY holding LLC is the single member of all property LLC.All rents, utilities and property taxes are collected and paid by the management Corp. what is left over minus a management fee is remitted quarterly to each property LLC that in turn distribute some back to the WY holding to be either reinvested or distributed back to me.

Focus on working with true subject matter experts, not just the first person you happen to meet in those roles.

The power of attorney you're giving the PM is enough to prompt you to want a review.I'd ask about the duration and extent of the power of attorney, the reserve amounts, payment distributions and the scope of the PM responsibilities. 

The proceeds will go to the LLC, but you as the sole member can control when they are distributed back to you.  

The new loan distributes $75K back to you ($100K * 75%). 

Purchase price: $149,000 Cash invested: $44,000 Sale price: $280,000 This was a pre-foreclosure 'subject to' deal.

At the end of the day appraisals are very subjective and personally I would trust my own ARV verse what an appraiser says.

Another thing to think about is maybe offering the seller a subject to deal?

PROPOSED: Requiring each county to establish a program to license certain residential rental properties on or before September 30, 2021; authorizing a county to create certain exceptions to rental property license requirements; requiring each county to establish a limit on the number of rental property licenses that may be issued; prohibiting a county from issuing new rental property licenses after a certain limit has been reached, subject to an exception for certain property that has been in continuous operation as a rental property; etc.Until it's passed, it it passes, nothing to worry about in my humble opinion.