Chances of collection are slim, what we have done is sent them a 1099 so they have to pay taxes on the amount they owed since we knew we would not get anything from them.

And, factor in the depreciation and other tax benefits, deductions, home office, vehicle expenses, etc. 

Your credit is low and you can qualify for a loan right now but you want to improve your credit score first in order to get a better interest rate.You have good credit but the interest rates are still too high right now and you want to wait until the rates come down before you get a long term mortgage.You just started your own company and you don’t have 2 years of tax returns so you are not very bankable right now. 

This address is reflected in the land survey, tax collector, and mortgage. 

There might be some confusion around the 60-day rollover rule which allows you to move money from one IRA/401k to another (both pre-tax and Roth).

If it is to cash flow right now, then you're right you would be a little tight with your tax/insurance escrows.

I see it as a tax-benefit discussion with the seller.

Quote from @Terra Padgett: If I had $1M to invest in real estate, I would ______.Tax Free ?

More if you are in an area that has a transfer tax.

Often the best risk, hassle and tax-free approach is to pay down debt.If you have a car note, credit cards, etc pay those off first.