I am new to this site but found some good information and was hoping someone could help me with a specific scenario.I am interested in purchasing a home that was previously owned by a family member but is now a bank owned property now on the market and listed for sale.Are there any laws or restrictions in the State of California that would prevent me from doing so?

Evictions are done in 3 weeks.But banks, something restrictive there..

From my experience, HUD multifamily loans are better suited to larger entitities who don't mind the restrictions that HUD imposes.

In my six years experience within marketing and advertising I developed media driven campaigns to promote brand awareness and acquisition.

Our scenario is this; I have almost all of my liquid assets in my IRA, SDIRA, which I would not mind using if needed, but obviously more restricted as far as doing the work myself etc...

Check with Realtors who are licensed in San Antonio to get your best answer, because the MLS there may have different restrictions.  

Following IRS website has good information regarding the solo 401k loan rules including information about the IRA loan restriction. http://www.irs.gov/Retirement-Plans/Retirement-Plans-FAQs-regarding-Loans

The #1 reason that we don't currently build up in major cities are cost and zoning restrictions.

(THE ORIGINAL FILE CAN BE VIEWED IN THE CLERK OF COURT'S OFFICE)The property will be sold subject to any past due or accruing property taxes, assessments, existing easements and restrictions of record and any other senior encumbrances.This property will be sold subject to the following mortgage(s)/ senior encumbrances: N/AThe successful bidder must pay interim interest from the date of the Sale through date of compliance at the rate of 9.5%.Each successful bidder other than plaintiff at time bid is accepted will be required to deposit with Master as evidence of good faith 5% of bid in cash or certified check at the time of bid.

You can definitely invest out-of-state all you want, no restrictions.