I am trying to ascertain what if any impact this will have on the value of my adjacent property.

Trying to ascertain whether that was the case was complicated by the fact that the buyer's agent apparently scrambled the buyer's address on the contract (intentionally?).

When inquiring with the bank or credit union regarding their equity LOC product I would first ascertain how they allow the property be titled (individual, revocable trust) before even initiating an application. 

I like the area north of Division St (Italian lake area) as I live in that area and can get great rent for my properties as well as certain parts of midtown. 

I'm basically trying to ascertain whether it would be cheaper to do something like this with the modular home or to build a stand alone from scratch/finish a basement for ADU purposes. 

You, and other disqualified persons, may partner with your IRA as long as certain rules are followed.The issue I see in your initial question is that your IRA may NOT lend money to your personally owned LLC.

As such, it is good to ascertain tangible goals and time frames, investment objectives, and so on for the partnership BEFORE it's formation and incorporation.3) If you form a partnership - CRITICAL - insure that you have a dissolution agreement in place BEFORE you incorporate, as part of the incorporation documents. 

From what I ascertain here, completing the foreclosure is probably the cleanest solution.

And our taxable deduction was very easy to ascertain since I took them all back Deed in Lui or a straight out foreclosure we just wrote off the Debt amount and accrued interest..

All three forms should give you protection of your personal assets against corporate liability, as long as certain procedures are followed.Talk to a qualified business attorney, tax attorney and/or CPA to get better advice.