I have exhaustively read IRC 4975 and related docs (even the IRS guidelines for auditors examining prohibited transaction violations), and I can't find anything to support what I was told by my custodian.

The old sill plates were rotting away.As for your floor joists, I don't have any experience there.I hired a structural engineer to examine and design a repair.

No higher than deal #1, but equal to it.Now let's examine the purchase. 

you need to closely examine all details.

I know people who hire others where their only job is to examine every deal possible on the MLS on a 24 hour basis.

The judge will examine whether the property was legally abandoned and, if not, did the investor file an ejectment lawsuit.

I will soon be sitting for my real estate agent exam in KY and have recently transitioned into an Airbnb management position and had a question for the group.

You have the title examination process that very few buyers will understand if they are not in real estate  .

Cold tenants complain, especially when they get their electric bills and realize they're paying through the nose for heat.Ninth, get your head examined.

To learn how to examine titles you'll probably have to learn it on your own - I can give you the general steps and checklist that I've built up from the past year of examining titles (I'm still learning since no one wants to teach me without working for them full-time lol).https://www.alta.org/media/pdf/CH01.pdf (ALTA has a great sample .PDF to grounded yourself in title terminology)If there's a big enough demand It'd be cool to have a meet-up and we combine all of our knowledge?