The seller's actually offering pretty good terms for that kind of asset. 

Do you mind explaining how difficult the process was obtaining the loan?

I have interviewed a couple of them so far such as The Trinity Group at HER Realtors, ERA Real Solutions Realty, Northpoint Asset Management, Columbus Property Management Pro's, Golden Gate Real Estate. 

How much you need asset segregation within the IRA LLC framework would depend on the dollars involved.

But let us know whether this person lived in the house or if it was an investment Michaela  ,, just fyi  CA  NV OR make no distinction on a loan on a 1 to 4 unit  if its for investment purposes to a corp or individual etc. in those states any loan made on that asset class requires a license.. 

However, this information can be obtained by a parcel record search through the Volusia County Property Appraiser's Office.

I've also obtained a lawyer to sue the CRA's and the creditors.4.

We have other rental assets here on the East Coast that we'd like to transfer into a CA rental property via a 1031 in CA and rent out the unit for two years.

I'm happy to answer any type of underwriting questions you might have about those asset classes. 

High net worth individuals may be in a hard place for a short sale if they still have money/assets.