Generational Wealth: If your SDIRA invests in real estate, those assets can pass to your heirs, benefiting from the step-up in basis (outside the SDIRA) or continued tax-advantaged growth if inherited in a beneficiary IRA.

I am going to talk to my CPA and see if I can convert.   

You will need to have the full amount you’re willing to pay.

Do you have any advice on particular sites to look into to find tenants like this needing placement?

So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!

waste of time utl is not reponsible.. turn it over to insurance

I just didn't know if there was a better way to go about it. 

let me know what you think if you go to auction.com you'll see it's being bid on over the next few days. 

Most lenders will let you use up to 70% or sometimes even less.

I encourage you to consult with a qualified attorney to ensure this agreement complies with applicable laws in your area.