The LLC properties are outside of IRA's, so if I am not tied entirely to them I could put $1M of them into a Charitable Trust with perhaps a 5% withdrawal and use the IRS rules for deduction moving assets into a Trust in the first 6 years to convert the IRA rentals to Roth IRA rentals. 

https://www.courier-journal.com/story/money/compan..."Most of the new businesses were in Louisville’s Okolona and Middletown neighborhoods and involved in what the company describes as health, beauty and home services...

Meaning, expect them to be able to move in on the third, but if it’s got to be the fourth then so be it.

Then, you can draft the document where a simple majority rules.4.

@Heather RoddenUsing the 1% rule (guideline), if you purchase for $48K and say you put in $10K (which is probably high), you’d want to rent for approx $580/mo.

I will live in one of them and get FHA loan.Is there a formula or rule of thumb I need to follow to make sure it’s a good purchase based on the monthly payment I’ll be paying out for mortgage, insurance, & taxes.

You must begin receiving distributions from the IRA under the rules for distributions that apply to beneficiaries.

Federal rules state a payoff demand must be supplied within 7 days of legitimate request (unless state rule is more restrictive) so, again, chances are slim to none that you can put a deal together that quickly and even if you could, would have to be an all cash deal with authorized parties (Daughter as documented legitimate successor in interest).

I was looking into flipping some properties when I was informed by a realtor about a seasoning period or flipping rule.

I've uploaded our property rules there.