Indeed, some of the oldest properties in New York and places like it are the most expensive.You do need to be more concerned about things like foundation issues, galvanized plumbing, knob and tube wiring, etc.

Or should I be concerned about something(s) I'm not thinking about?

I’m very concerned with getting back my thousands of dollars deposit if the HML won’t fund and I’m searching the internet for “clauses” to protect my money.

If so, do you think buy and hold investing would be more or less cumbersome than using the SDIRA for other RE activity, (flipping, lending, etc), which seem to have their own concerns.....Unrelated Business Income Tax, self-employment tax.I'd appreciate any feedback on your recommendations as to how to best utilize these IRA funds within REI. 

Encryption is irrelevant and unnecessary.In 18yrs, I've only had less than a handful of applicants object to the SSN request based upon concerns for ID theft (actually bright people and informed on the issue), but FAXing removes the exposure to hacking to get it.

My 2 biggest concerns are having enough money stashed away to survive while we get a business going, (although I would not have a problem with picking up a cashiers job somewhere so we would have health insurance) and the financing to buy the business.

If you are out of state, I'd be even more concerned if the area is sketchy.  

. $1200 fix and the park had to credit my mom with the $2900 but they ensured that that section of pipe wasn't submerged the second time.We never found out where the water went but we're pretty concerned that she managed to acquire a sinkhole under her house for a later time.

Typically the process looks like this as far as funding is concerned:- Loan amount: 70% of ARV (in your case $210,000)- 31 year loan (12 month of interest only and 30 years fixed)- Interest rates are competitive because it's owner occupied.

The house has been abandoned for 12 years and MAY need to be demolished, not sure. ( I am told that in that case it changes the scenario and then I would only be concerned with the land and the cost of demolition ) How do I get the value of the property.