Getting an ordinary real estate license would be much more beneficial.

I thought banks are kind of babies about it and require many months of successful rent payments to lend...Interest you earn on loans is going to be taxed as ordinary income or ordinary business income, not capital gains.

If you become successful flipper you’ll pay ~50% taxes on your ordinary income.

The camera in the back covers a small porch/hang-out area and then the rest of the backyard is a patio that is not visible on the camera.Will this camera in the back bum guests out?

You have to pay ordinary income taxes eventually when you withdraw but it makes a lot of sense until then in some markets. 

My understanding is the ordinary income tax on self-directed IRA's only applies to traditional IRAs.  

She and my late-wife frequently talked about her (my daughter) buying (or renting-to-own) this house when we (planned) to move to a smaller Patio home.

- Taxes: If I invest as an individual, would I get the tax benefits of investing directly in RE (owning a SFH for e.g.) or are the dividends taxed as ordinary income?

I would not allow access to the rest of the house as, but would allow access to backyard area w/ patio/fire pit/hot tub. 

I understand taking deductions, but there is only so many ordinary expenses you can deduct.