Second, hard money lenders don't lend 100% even to experienced borrowers as a rule, and certainly not to beginners.  

And IRS rules say that as such personal you can’t be part of ANY transaction your IRA is involved with, DIRECTLY or INDIRECTLY.

I have a home daycare, which has really unique rules and makes personal/business deductions a little trickier, but thank you so much for clarifying how this impacts rental properties.

If the deal is good enough, it will support an under market rent.

In general, I have seen some advice to go with 50% as your NOI after you take your gross - your Vacancy and to use 10% vacancy as a rule of thumb.

Nothing has changed.If your mom has not remarried when a residence is sold or exchanged, the surviving spouse's period of ownership and use includes the period your dad owned and used the property.Mom can use the full $500,000 exclusion if (a) the sale occurs not later than two years after the date of death of the spouse, and (b) the rules permitting a maximum exclusion of $500,000 were met immediately before the date of death (including ownership and use by the dad)

Tenant has managed to pay rent every month (always right before late fee deadline and with late fee twice),  however - he keeps breaking other rules every 2nd month (some minor, some major - pets/noise/parking etc), which HOA keeps objecting and sending notices. 

This community is such a supportive resource, and the opportunities for education are rich.

Having a supportive cast is crucial.

I also have about 55-60k I could take against the equity in my house in keeping with the 80% rule.