One was turn key in the Harvest area.

Nope, it can't tell me if the bathtub is pink or if it is good as is.

I'm just worried the IRS might view this as too much of a work-around in order to harvest some of our passive losses this year.

The answer is yes you can and I have done this as well to buy one of my fourplexes I did a cash out refinance on my acura to get part of the down payment capital.These funds are considered secured debt (backed by the pink slip on your car) so you can use them in a lending transaction.The key distinction with secured debt versus other debt or unsecured loans (backed by nothing but verbal/signature/ you/ etc) you can use them as permissible funds for down payment or closing costs while the later you cannot unless you season them in your account for 1-2 months minimum so it becomes a timing and planning issue (unsecured loan/debt).Also the other thing to consider is how this car loan will affect your debt to income or DTI.

Don't put any creative flair into it, no pink walls etc.

If your color is nuts, like black or red or hot pink, that's a different story.

Carpet chunks missing, ugly (pink) unfinished paint jobs throughout the house, floor boards missing (not structural boards) etc.

Usually you are looking at 5 year span live with luckBut but, we have a Harvest Gold clothes dryer that is I don't know how old.

Check out "Harvest."

IT's simply a different environment - our foreclosure rates are lower than the US, we have privacy laws which make harvesting leads more challenging, etc.