There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

There are a few more “big ticket” items that need to be considered (Minisplits & landscaping) but most of the major costs have already been accounted for on this property.We currently have a 30 year conventional mortgage with a 7.125% rate on a purchase price of $750k. 

If I could just ask one more question, i have a separate account with no co mingling of funds.

My custodian does not have a money market or similar sweep account to keep idle cash earning.

Getting a pro account at HD or Lowes might be a solution. 

The remaining $1.2M has not yet been accounted for.I can easily find more investors to fill in the remaining $1.2M, but I was wondering if there are banks that lend money to syndicates that could fill in the last $1.2M at least in part?

My spouse already has an account so for both of us to use it is $556. 

So, DIY landlords will need to set up an SMS account somewhere.If there's no app, where are landlord & tenant going to be able to search the history?

Quote from @Account Closed: Quote from @Chris Seveney: Quote from @Account Closed: Hi allI've been reading some books and watching videos on youtube about foreclosure auctions.However, I'm still not feeling confident.Where did you learn about the topic?

Or just showing accounts with address, phone numbers and balance?