Greetings,I am looking for honest and reliable contractors in the Highland  County area. At this point there are three contractors hired by the company that who facilitated quotes for a house in the Sebring area. Thi...

@Patrick HallGenerally speaking you should not expect any state or federal income tax burdens.In converting a conventional retirement to a self-directed retirement plan, there are no taxes involved.Rental income to a plan is not generally taxed. 

For instance, if I stashed away 10% of the property value or a certain fixed amount in the account, can I then start diverting funds to a general account and snowballing the excess funds onto individual properties or as personal income?

They generally won't just give you a cash out refi but it all depends on the bank's policies. 

The most important thing you need to do is call around now and find a general contractor that you like and trust, and more importantly, is willing to work with you on a 203k and is aware if the information that will need to be provided and that will provide that information in a timely manner. 

And leave it at that.My 4 unit is a former general store and as with many small, old towns, the rear was the mortuary/embalming location before the bodies were then taken back to homes for the wake/funeral.

I'm sure there are other names for it, but here is a general overview of price-to-rent: https://smartasset.com/mortgage/price-to-rent-rati...

Generally buy and hold but if you want to maximize the IRR and you happen to have the resources (time and people), you can flip or trade up some of them and speed up the velocity of money. 

Thank you for sending painters, general handyman, plumber/sewer.

I was wondering if there is any advice other fellow investors or agents have such as personal mistake you have done and how to avoid them etc also just some good tips in general.