I had documentation from two governmental bodies that the property had been inspected and found clear of issues. 

The challenge for me at the moment is regulatory compliance.

This market, from a regulatory standpoint, is stable for now.The 'wear and tear' question comes up a lot when I tell people what I am doing.  

Any body that's good at fix n flips would be doing it on their own and too busy to help a new guy.

As a commercial lender for a community bank, I have a bit more flexibility than a commercial lender from a big box bank - not regulatory flexibility, but just more "out of the box" approach.  

We are very active investors and I would love to talk with any body that is in need of real estate investment buyers. 

I'm thinking big with this, perhaps (and of course I don't know) you could find a way to work with the town and banks to purchase all of these tear down houses and "renovate the community" work with local companies and the local governing bodies to build the city, and neighborhood back to a viable and more importantly desirable area.

I´ve always been money motivated and I learned at a young age that I had a strong presence of entrepreneurship all throughout my personality, my body and my choices.

A couple thoughts came to mind while reading your post.Firstly, there are no regulatory restrictions on managing property within your self-directed IRA or 401k.

From a regulatory aspect you have risks of criminal activities and large fines and jail is real.