It would be beneficial for me to pay off a 20% interest loan so that I do not have that expense and can therefore keep more income.I understand your point, that if someone has a 5% fixed rate 30 year mortgage, then yes carry that full term and use your money elsewhere.

I guess my earlier post wasn't clear, but I was curious as to if only a SD IRA was the most beneficial way to invest in RE.

Although I find these things helpful, I think that real interaction with experienced real estate investors would be extremely beneficial!

If there’s no beneficial reason you’ve gotten into bad debt, then there’s no reward and it’s something that’s unjustified.

Perhaps it's time to have a local attorney help draft a mutually agreeable addendum so that this sale can go through, and then review your contract and fine tune it for future transactions so you don't run into this same issue again with subsequent deals.

Do a warranty deed of the property to a land trust where you are the initial beneficiary, then later assign the beneficial interest of the land trust to your LLC.

I think this would be beneficial in many ways for you.

I think a house-hack for 1-2 years would be beneficial first, and then start investing out of state.

Will opening up an LLC be tax beneficial for me?

Both should be beneficial to buy and hold investors.