@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

Take a look at sold comparabale sales over the last 12-24 months and identify what you can do to add value to a home using renovations to increase the subject properties ARV as fast as possible.

I've been buying Subject To for about 30 years now and I've had two DOS called.

One thing that DSCR is not really set up for is if the property is "Subject to" meaning not move in ready/live able.

Are you familiar with Creative Financing such as Subject To (SubTo), SubTail, WRAPS, Short Term Lending, and Bridge loans? 

If you’re short on funds maybe seller financing or subject to deals, where you take over a seller’s mortgage or negotiate direct financing with them.

Local RE Economy : Although proportionately more affluent areas were impacted, Altedena is one of the most diverse constituencies in the State.

Sales Tax Breaks: Construction materials and services may be subject to lower tribal sales taxes—or exempt altogether.4.

So, I started researching the subject.

Because there are nuances to seller financing, a lot of space would need to be devoted to covering the subject to make sense, and that requires sitting down to a cup of coffee for a long discussion.