Do preliminary analysis: Did a tax search.

Ocwen agreed to pay $900,000 to the state of Washington after an investigation conducted by the state found that Ocwen used unlicensed companies in India and the Philippines to service mortgage loans.""

I've heard you can label it a "prehab", if you've done all the preliminary work and all someone has to do is come finish it. 

So just investigate it and make sure all the zoning is in order, the size of the lot is same or larger as the neighborhood standard, etc.  

Has anyone invested in the MHC America Fund or investigated it?

And even Einstein, who discovered special relativity and general relativity on paper first, as a theory, before it ever was confirmed by experimentation, only decided to investigate on paper BECAUSE OF what was found in experiment (constant speed of light, Maxwell's experiments).Experiments, where we make predictions and then test our predictions, not super intelligence, drives scientific discovery and engineering progress.

We are going to do a preliminary walk through because this property checks a lot of boxes and has great potential if the meth rumor is false.

When you see a hot lead in today’s market, you stop what you’re doing and investigate it right away.

This seems pretty severe, but it's an indication of how serious the IRS can get when investigating the transactions within your IRA.The best route is to have only truly passive activities in your IRA (note investing, private money lending, hands-off rental property, etc).  

Worth investigating.