So next best option right now is to lower the rent $50 and keep it out there.It's a dirt cheap two digit number to file small claims here and I live a few blocks from the courthouse, but I imagine it's still a huge pain.

Not sure about renters who occupy the property.Actually in Louisiana you are required to give notice to the owners and may contact them more, if your objective is to get them to redeem the property.

My financial objective is to have maximum income and a chance at capital appreciation.

Most will object, and you could just inform them that it assists you in analyzing the property, and if they aren't willing to provide it, you understand

The answer to your question about strategy would need to be informed by your financial objectives but a buy and hold rental strategy would take little time after the initial set up while the other strategies like rehabbing would require more intense activity on your part on an ongoing basis.

If you want a more objective opinion on the purchase, an attorney would be able to give that to you.

They all work of IRS guidelines, but my experience over the years has been to work with one that understands your goals and objectives -- and can relate to what you are doing.

Full Authority permits the sale of real property without going to court based on IAEA (Independent Administration of Estates Act) Full Authority permits the sale of real property without going to court, requiring only the noticing of heirs or beneficiaries and a 15 day opportunity for them to object.

Per their logic, my account is now worth $25,500 UNLESS I (or my note servicer) tells them that the UPB is now $24,xxx.So, to answer your question, I would say the best thing to do is probably have an objective 3rd party appraisal, and send that over to your custodian.I have not purchased real property in my IRA, so I don't know how the custodians like to account for real property, improvements, etc.

What you will find is that many of the employees of a PHA/Sec 8 administration are or were residents or clients and that some may not really have the skills normally thought to be required in making objective calls on regulations.