We do offer bank statement HELOCs for business owners who don't show income on paper but can show revenue coming in(bank statements), doesn't sound like that applies here.Freddie Mac allows for assets to be counted as income, 70% of total divided by 240.

For those considering the Caribbean, the USVI offers the same fee simple ownership as the mainland, thus reducing risk. 

I keep all my real estate Investments in Kentucky. 7% or more is the norm for single family residential while in California you most likely land around 3%-3.5% cashflow, you're not even close to cover the interest rate.Definitely check out Midwest states, they offer low entry point and stable rental market.

Hi Ashlee, I'm just wondering if this is one of those scenarios when it's time to offer a tenant "Cash for Keys".

Self-Management:Pros: Saves money, offers control, and builds tenant relationships.Cons: Time-consuming, stressful, and needs expertise.Hiring a Property Manager:Pros: Saves time, provides professional expertise, and market insights.Cons: Costs money, less control, and finding a good manager can be tough.What about you?

David,Why sell if its a future retirement that will offer equity/cash flow.

Wells Fargo wants the 70K from his mortgage deferment during covid which is the reason he is in this mess.A bridge loan means you have a home currently listed for sale on MLS and while you wait for it to sell another bank offers you the cash based on your mortgage payoff and profit.

Like most, I have the lists and means to reach the struggling person who I have identified desperately needs my help and without question I believe I offer a solution. 

Do I need to have the total amount in IRA to cover the house plus her asking equity to do the self-directed or is there a loan option offered by IRA that I can tap into?

From what I understand, Curbio completes projects and offers 100% financing until closing.