Seriously, when you have a chance, try to talk to the Board of directors about fresh paint on all the buildings

I thought they were going to buy as the non profit, but it turned out it was the director and his wife, and I was unsure of the stability of their income, so I let it go. 

IRS rules prohibited any direct or indirect benefit for such person from his/her retirement account, and as such you are not allowed to furnish any service, goods or facilities to your 401k:https://www.irs.gov/retirement-plans/plan-particip...While in some instances it might be possible to get into an investment together with a disqualified person you must be very careful!

IRS rules are very clear: disqualified person is not allowed to receive any direct or indirect benefit from his IRA.

Expand your network by talking to attorneys (as @Sam Shueh suggested) and funeral directors. 

Talk to @Bruce May, the Director or Marketing if you're interested in finding out more.

While you would be a disqualified party to your mother-in-law's IRA, she is not disqualified to your IRA.That said, you would want to be very careful in having your IRA deal with the company, and any transactions should be at normal market rates.IRS rules prohibit any direct or indirect benefit between an IRA and a disqualified party. 

I’ve read about HOA’s fees, condition of the HOA and the Board of Directors, slower appreciation than SFH, and difficulty selling the condo.

I don't do this "for a living" (I'm a Director of Technical Quality Assurance, for the record) and I don't know what I am within my rights to ask or demand of these guys.Reading the internet is a scary thing...

Every property we acquire going forward will have to be carefully analyzed  to see how much we want to maximize the depreciation and risk the FFE "loss" on a 1031.Let's say the case law established what many deem to be true about personal property (1245) even within real property,  no longer 'exchangeable" through 1031, here’s a great way to get around out it (courtesy of the director of our 1031 department):If you do cost segregation, thereby identifying personal property, you can no longer 1031 that property, BUT, that 5 year property is not taxed as capital gains, rather regular income tax rates on the depreciation recapture…(still following)Potentially up to 20-30% of the value of your property, that’s a lot!