OTOH, he warned against buying any property too near other properties you owned, since that could potentially convey benefits to your other properties.Converting to a Roth does not eliminate the disqualified persons or prohibited transaction rules.

That is still a prohibited transaction.Send me a PM or email and I can answer many of your questions and get you going.

Always check with custodian handling retirement account to make sure it's not a prohibited transaction.

The reality is that if you engage in a prohibited transaction in June and your reviewer discovers that in November, it is still a prohibited transaction and there is no undoing that fact. 

We have two other tenants (a bakery and sports bar) who the previous owner prohibited from having tables and chairs out for customers.  

Most lenders will allow you to do a "rate lock" with them for a period of time, but that also should not prohibit you from talking to other lenders. 

As It is cost prohibitive for me to set up all these LLCs since I am just starting out.I physically live in Los Angeles, Ca.Any tips are appreciated.

IRS rules prohibit using IRA as a collateral.

The house itself is worth very little as the cost to move usually makes it cost prohibitive.

The Operating Agreement must contain language sufficient to address IRA-related issues concerning Prohibited Transactions (26 USC 4975), The Plan Asset Rules, the allowance of subsequent or additional Capital Contributions and Unrelated Business Income Tax (including language that ensures that the Manager of the LLC will prepare and file all necessary tax forms with the appropriate taxing authorities, Federal, State and local).