In general, when you buy a SFH in Japan outside Tokyo, the value of the home goes to zero, the land retains its value or goes up if you are lucky. 

(e.g. contiguous)- Comprised of 4 parcels:P1 - 70 acres with 2250sqft 200yo house and 20yo barn.P2 - 35 acres with under conservation easement.P3 - 5 acre minor sub division home lotP4 - 5 acre minor sub division home lotSITUATION- Seller is 70yo and retiring in 2019- Seller has heIrs who are absent and uninterested in owning the property (will eventually sell inheritance)- Seller is a frIend and neighbor of the famIly- Seller (and our famIly) have preservation/non-development hopes for land in the neIghborhoodOUTCOMESFor the Sellers:- Immediate cash lump sum (property needs some work)- "Guaranteed" monthly/annual payments for deal term- Retain ownership and occupancy of real estate until they vacate- Seller retains ownership if buyer defaults- Continuity of neighborhood legacyFor the Buyers (us):- Acquire property rights- Fixed sale price- Known caretaker/occupant- Continuity of neighborhood legacyDEAL OPTIONS- $450-500k sale price- 10% down- 20 year term- 0% Interest- Land ContractThis seems like a good option to consider in terms of managing tax impacts to both parties, but at the cost of fewer “ownership rights” for both parties.- Seller FinancingThis seems like a good option to consider in terms of better “ownership rights” for both parties, but at the cost of trickier tax implications.

I’m 28, I have my real estate license (on retainer).

Note to self.....don't retain counsel from an attorney that hangs at BP at 10 PM. 

I don't see a need to do a walk through as you are retaining the same tenant that you had before.

The Amended Lease shall terminate effective as of the date that is sixty (60) days after Landlord's delivery to Tenant of the Termination Notice (the "Termination Date"), and Tenant shall surrender the Retained Premises to Landlord on or before the Termination Date in accordance with Article 21 of the Lease.

If you need funds to also rehab an investment house flip there is a 30 year fixed rate loan for that , also at 15% down.Rates are still low today so I would say use the banks money at a low 30 year fixed rate and retain the security of your equity in your personal residence.

if you follow the Frank and Dave method of POH valuation, they will recommend that you put very little valuation on the POH at all, because as you know the MHs don't really retain value and for every dollar in lot rent collected your likely to put most of that back into the home that you own to a tenant that is more than likely wont take care of the property.

We ask our clients to give us $1000 retainer fee.

Funds directly moved from those 4010/403 plans to the inherited IRA would retain tax-sheltered status.There really is no way to move that money into any other non-inherited account - so the likelihood anything got mis-routed would be very low.