I know it would vary state by state as far as pricing, but I thought standard practice would still be generally the same in regards to it being a flat fee, hourly fee, or % fee.

What homeowners insurance providers have you found the least expensive for a standard landlord policy? 

@Anthony Butcher  Based off your numbers and the standard wholesaling formula, your maximum offer would be $127,500, including any of your fees ($325k * 70% - 100k rehab). 

That is not a rule but it is fairly standard, (though there are ways around it).Assuming 6 months from the time of a cash purchase to refi is a safe assumption. as for your 70k, aren't you considering doing a BRRRR?

You at least need some kind of preapproval, say for a set %LTV, as with a standard loan preapproval.

I am willing to pay transfer tax and purchase title insurance.

(Purchase price: $35,000 / Rent Roll: $1,550 per month)   After Taxes/Insurance/Expenses the SD IRA should see a return of about $900/mth.   

Unless you have a lot of other deductions to get over the standard deduction of 12k single and 24k married, then it wouldn't be worth the effort. 

20-25% LTV is pretty standard.

Needless to say, I messed a lot of things up.Some things I know for next time:-make sure to include security deposits credit and prorated rent credit in the purchase contract-make sure to keep all addendums that may be needed saved on computer for quick access-get all the necessary documentation for rehab funding from the contractor before going into contract on the property (my lender needed his insurance, workers comp, experience, etc. and I was not able to get rehab funded in the loan because the contractor would not send this to me and it was too late for me to find another contractor)-check that title has gotten the documents correct before they are sent over to the seller-take pictures of the house during the walkthrough for insurance purposes-check for flood zone early on -give yourself a realistic timeline for closing-check reviews on title company before choosing oneDoes anyone else have any recommendations?