You do not want to invest actively in (1), or even make a passive investment in an operating business, or you will hit the UBIT tax (steeply progressive, uses trust tax tables, and hits 39.6% at less than $12k of annual income) Here is a paper on ROBS, though I assume you are just wanting to invest passively (rentals, notes, loans) and a Solo 401k is probably sufficient.

It is possible to stay the demolition plan depending on how far it has progressed but this is only done with permission to cure the property so a time limit will apply.

My Homepath investment deal is progressing but I learned something today about Homepath financing that wasn't in the literature.

I bet they'll negotiate.

For a safe bet, some even figure in a reserve amount as well each month for future repairs.The management fee doesn't cover any of the property expenses.

Please keep us posted on your progress.

@Langston Patterson - welcome and good luck with your progress!

In this day and age of information I would bet there is a map that shows mailing addresses but I haven’t had any luck finding it yet.

I bet they would have quick answers to a lot of your local municipal questions.

I'd bet $1 that your $50K rehab value is off.