Since that market is in flux (with a good chance of a decent decline), I'm taking some time to explore other markets in addition to Vancouver.

In addition, spoke to all parties involved to try and recall the payment.

The property is vested as an LLC and we would like to keep it that way unless we have no other options.Gross Rents on the 4 plex alone are 2700/mo and the duplex currently brings in an additional 1750/mo in gross rents.Your help is much appreciated!

Not to mention the additional $5,000 to $8,000 the lender requires you to have in reserves. 

And if you plan on using a real estate agent to rent out the unit in the future, then that is an additional cost to factor in. 

But, the inspectors kept coming up with additional code requirements that they normally don't require.

Anything falling within that description would be self-dealing and result in severe tax penalties for the IRA.A self-directed IRA allows the IRA to diversify beyond the stock market into assets such as real estate and private lending, but everything is done through the IRA and exclusively for the benefit of the IRA. 

Then rent out 100% of the 4plex and use that additional cash flow to offset the new property. 

Ramin,In addition to what Patrick stated, understanding to cost to rehab the property is VERY important.

@Noah Farley In addition to Trulia and Zillow there are a lot of of smaller websites out there that can offer solid leads for these types of properties.