Scott's book on estimating rehab costs, it's a must read in this area: https://store.biggerpockets.com/products/the-book-on-estimat...In addition to that, I would check out my article on due diligence.

Purchase price: $219,000 Cash invested: $63,275 Buy and hold single family residence using a 203K loan What made you interested in investing in this type of deal?

A good PM can help protect you from a bad decision.

Likewise if there is anything I can do on the architectural side I am happy to help.

I was wondering if anyone here other than me was even aware of this new legislation and if anyone was working on anything like this.

Sounds like this was a TIC setup which seems an unusual investment for an SDIRA (and problematic, from what I understand.)Aren't you the beneficiary of the inherited IRA? 

Love all the Canadian content here! 

You would want to find a private money partner for this who wants in on the deal.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

@Jonathan Greene“when everyone knows it takes six to eight months of cross-platform marketing to make stuff happen.”I didn’t think about this until I read your post.