I do not believe I can do it with a SDIRA since the cash flow will have to be re-invested in the SDIRA and would not be available unless I pay regular taxes.I'll appreciate your expert opinion.Thank you for your feedback.

7.If you buy a home from a bank in redemption, and the bank gives you a quit claim deed, is that good enough?

I have been in contact with a few agents here in Amarillo and they are not that willing to assists despite being, or claiming to be, real estate investors themselves.  

It may not be if you've got regular W-2 income that brings you close to the social security limit or if you want to contribute the maximum amount to a SEP.  

If you do start in that time frame, you're not liable for previous lead paint illness claims.

This property is occupied and I wanted to know that they mentioned "Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable" in auction disclaimers.Is this right property to buy? 

I just look at a few months of bank account statements to see if they have regular income.

Look for similar properties currently for rent in the area and contact the landlords.They can be your best source for cash buyers if they are multiple property owners looking to expand.Also go down to the courthouse and attend the foreclosure auctions to meet cash buyers buying homes on a weekly basis for rehab and resale.Walk up to them with your business cards and your 3 properties info and ask what type of properties they buy on a regular basis and ask them for their card in return.

If you pay the loan off in Full, it's just a regular sale.

How long did you have to claim the home as your personal residence (I'd it two years?)