So I wanted to fill everyone in on the current status of this messy situation.  

I would not recommend small investors attempt to buy thru the auctions as the due diligence required is extensive (title work to verify liens, position, occupancy status, etc..). 

Since November I have attained my Provisional Broker Status.

so 5 units keeping the commercial status.     

Guys, a basic question: For the foreclosure alerts posted by bigger pockets, where can we find more details about the current status of the property?

That being said, I felt as if I was fairly safe with the current status of the market.

In Rich Dad Poor Dad, he talks about how people often go get degrees because they care more about the "status" rather than the outcome.

To discriminate against any person in the terms, conditions, or privilege of sale or rental of a dwelling or commercial structure, or in the provision of services or facilities in connection therewith, because of age, sex, race, color, marital status, familial status, physical or mental disability, religion or national origin.

In another thread perhaps a month ago, a similar question was raised regarding becoming a millionaire through RE.As I posted in that thread, I have already obtained that status through RE and expect to be a multi M by next year.

So long as the loan is non-recourse, there is no impact on the tax-sheltered status of the IRA.We're one to walk into Bank of America or Wells Fargo and obtain a loan in their own name, then yes, that would create issues.