After putting an additional $3800 into a traditional IRA (70% would've been tax ) my tax bill was about $11k.

Do i have to live in it using a traditional loan?

I typically buy distressed, therefore traditional lending is not possible.  

You can do turn key investments while overseas which would help you out but that means putting a tradition down payment down and not using the VA loan.

I know that this is outside of the regulations of what the city of Austin considers a short term rental which is less than 30 days.Im concerned that it might be foolish to rent 30+ days without a traditional deposit and lease.

Traditional Finance.

It certainly isn'y passive income but its a nice change from traditional rentals.

Also, is this process similar to working with a traditional lender?

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.