Getting it sorted and ordered in a way that works for you is the challenge.

:crying: What sort of loan would you recommend?

The main take away is that the occasional transaction of that sort would be OK, while a focused strategy of using your IRA in that manner on a repeated basis will not likely work out.The first issue is involvement. 

And some will want a cash reserve of some sort. 

By law any security deposit must be segregated away from the income produced by the properties, so it is important that is not used to pay any leasing commissions or anything of the sort your manager might have. 

@Ryan Dalton @Robert MotchCOC returns of 10% or higher is possible but you have to be looking for the deals and sorting through them, many of them. 

You'd have to have King Midas luck to get any sort of consistent cash flow out of North City.

Raising the bar on the criteria they lend on which will make it harder for flippers to qualify or maybe since they do not want to be in the business of taking back flips that won't sell maybe coming up with some sort of new program as a back-up that offers financing to the flipper and financing to the buyer but both HML and flipper share the spreads until the buyer can qualify from a bank?

There are many pieces of the puzzle that I'm still working on sorting out and trying to wrap my head around.

Usually, HOAs (at least here in Oregon) have some sort of financial study that is about 30 years out.