There are gouges in a few spots and the poly is chipping in a few areas.

This is a market where the buyer holds the chips is all I am saying.

My name is Chip.

As a realtor, obviously I don't have the cash nor can I borrow from banks, but I'd chip in $50k (drop in the bucket) just to have some skin in the game.

Yet when they arrived they only ruined $1k worth of tile, which I later had to chip back out and do myself.ArghhhhhhThus far I've finished one of the properties myself and re-rented it this weekend.

Risk Aversion - Those with more chips to play don't have to worry as much about losing some of them.  

@Chip Williams I wouldn't even go in saying "I want to buy your house" Personally  will have my webs filled with tons of information on Tax Liens, and how yo can help reseals it.

Previously to this I had replaced carpet with ceramic tile (already a couple of chips through the surface layer), Pergo (still looks like brand new after 3 years but is not waterproof like LVT is) and when I bought my first rental, carpet, which was ruined after 3 years. 

If either IRA could chip in their $100,000, there is no conflict if both choose to invest in this larger deal, because the presence of the disqualified parties funds does not enable either IRA to participate in the deal.There are a lot of ways to go out and create good returns for your IRA without taking unnecessary risk.

I would chip it all out and start over.