The thing that might make it easier for you is if you think about it as just going to the house to have a conversation on what they're planning to do now.In CA, for post-foreclosure situations you post a 3-90 notice.

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https://njbiz.com/lame-duck-bill-hudson-county-condo-conversion-ban/Just received this email from the board.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

Just sent you a message and look forward to the conversation in the near future.

Rehab and conversion to a duplex.

In my area, duplexes are rare  with a lot of competition for them, so buying a SFR and doing a garage conversion makes sense AS LONG as you are focused on cash flow and not trying to flip or leverage into the next property.

I’ve only had one phone conversation with this lender.

The answer is...this should be the result of a deep conversation between you and your attorney and tax professional.I see way too many people set up a structure that adds $1,000 in annual compliance costs and administrative overhead when they only have $100k worth of rental real estate. 

And there will be costs to make it ready for sale.If your'e inexperienced and not adding bathrooms or kitchens you will probably lose money on a loft conversion as an increase in value.