So I don't want to be responsible for under orders on 2x4s or claims of warped boards, or claims of ruined drywall because of how it was stored, etc.

I'd definitely recommend doing a search as there is so much information already on the boards about self-directed IRAs and better yet (if eligible), Solo 401ks. 

Brandon and Josh always say, you can usually find a pretty cash flow-friendly area within two hours of any major city.)Lastly, try joining your HOA board, lay low for a while and learn, then see what you can do about lowering HOA fees.

Back to the drawing board.

Here is the specific language from the Wisconsin Board approved WB24 Option To Purchase:

I also have to attend a board meeting where I might get a fine or insist that I evict my tenant because the community has a drug free policy.

(By the way, anytime anyone says anything negative about POL, the shill  from their advisory board comes on here and insults everybody.

I'd gravitate to loan officers with deep roots to the community, i.e. grew up there, attended school there, on local boards.

One thing I learned about working with seniors as a financial advisor is that they like income, but don't like headaches which could be a reason they're looking to move on.  

But, if you hang it, you'll have Realtor board dues and office dues.