However, I do try to understand all expectations and limitations up front.  

Crunching numbers it's hard to get to the cash flow I have now by going this route.I do understand that more property means moe equity in each with higher rents in the future.Just looking for different thoughts.

I do not understand how to structure a deal through seller financing.

@Tony Nguyen, if the numbers you have presented are in fact accurate and I'm understanding everything correctly, then this is an incredible deal.

I understand it's a cheap home to purchase, but keep in mind that it's a 2bed, 1 bath and that's a major limiting factor in the future. 

I understand you can’t do any work on a property your IRA owns.

Although I am still learning as well, from my understanding your math is incorrect.

I run an unrelated business from home as a sole proprietor that will be impacted by the change, but my understanding is that we can still take all appropriate deductions on rental properties.

I know that we would still have to pay taxes (25%) on the depreciation recapture from the 2 years we held it as rental property.I want to fully understand the tax impact if we keep it as a rental unit.

I would, however, say it's best to understand some of the basics before jumping into this.