The issue is that flip transactions are considered a trade or business activity, and if a tax exempt entity like an IRA engages in a business on a regular or repeated basis, then there is a tax known as UBIT that applies to the gains from such business income.

AC is barely working,There were some moisture issues underneath the tub from the upstairs bathroom. 

This is how I am approaching the issue personally:The unit I want to refinance is very similar to yours, worth about 130k and rents for $1375/m.Most traditional lenders will allow you to pull out 70-75% of the appraised value.

When I closed, I knew there were well issues and also knew that connecting to city water was a possibility.  

Another issue, if you know, has the owner pay the gc in Full for the work contracted by the GC?

The financing issues now: Firstly I have decent credit: 708, 703, 685.

The issue we have is the house is right next to a busy street.

I think it was caused by some run-off issues with water.The bottom line is I need to get it fixed.  

The rents are so far below market it won't be an issue to add 50/mo immediately.  

I own a condo hotel in FL and the developer/owner of the building is creating issues w self rentals / self management (i.e.