That might be an appropriate rent increase, but it is not a panacea for fixing the financial problems with the project.

Or maybe it needs to be an IRA LLC owned account with Schwab and not an IRA account?

In my experience, short term rental managers charge the most, followed by room by room, followed by longer term management.There may be an opportunity for you to do this yourself if you plan to continue living in the home.

If you find one that will, they will likely charge extra or be an amateur with little skill.

The large square footage requirements implies that there could be an opportunity to make it three units. 

I'd love to sit down and get a beer or coffee some time when you're available and talk shop. 

That way I don't have to worry that something would prohibit me from having a house on the property, it is already there and I own it once the deed is titled to my LLC.There will not be an ingress running through the middle of my house.I also do not have to foreclose on  tax deed or tax lien.

I want you to know I really want this house and it would be an honor for me to restore it to its former glory." 4 bedroom 2.5 bath townhome 95k on MLS after $20k repairs worth $250k.

Happy to have a chat or even grab a coffee it makes sense.

Did you ask whether the lawyer has any connections with the developer, which would be a huge no no as there would be an obvious conflict of interest there!