It seems that while the locals won't currently report such things to credit bureaus, a tax sale including the owner's personal information would be public record that could potentially be obtained by credit bureaus.

I would request the current seller to obtain a written lease with the tenants as part of the sale based on the terms they say are in force. 

Juan Rodriguez everything make sense for the right price, I’m not so familiar with that asset class especially not in Fairview, talk to some local investors, if you got some multi’s I’ll be glad to give you some input.BTW if you want to tag someone just hit the @@@

Such institutions have a different business model, and allow an IRA to invest in anything the IRS rules allow for, not just publicly traded assets.

I have renter’s insurance for significantly less than that because I don’t have $100k of assets in the apt.

They are one of the only mortgage companies I know that consistently loans on very low value assets like that.

Yes both solo 401k plans can obtain non-recourse loans.

with over $50,000,000 under management I can tell you that on average B & C class assets with $650/mo-$1k/mo in rents per unit are gonna eat up about half your rental income to operate on an ongoing basis.

In my experience, investors do not sell performing assets.

A 3-day cancellation notice, informing you of your right to cancel your contract if you signed the agreement in your home, or at a place other than at the contractor's office or business;All warranties on the owner's rights; A statement warning, in ten point bold type or larger, directly above the space provided for the signature, the following: DO NOT SIGN THIS CONTRACT IF THERE ARE ANY BLANK SPACES.Whether any lien or security interest is on the residence as a consequence of the contract.An enumeration of such other matters upon which the owner and contractor may lawfully agree.Any other provisions otherwise required by the applicable laws of the Commonwealth.A clause informing the owner about: any and all necessary construction-related permitsthat the contractor must obtain such permits.that owners who secure their own building permits or deal with unregistered contractors will not be eligible to access the Guaranty Fund.Acceleration of payment: No contract can contain an acceleration clause that would require any part or all of the balance not yet due to be declared due and payable because the contractor deems himself to be insecure.