.- Make sure you get all LLC documents (Articles of Org and Operating Agmt), and that the signatory on all loan docs (Note, DOT, Disclosures) matches the authorized signatory of the LLC perfectly.Good luck!

If you haven't already done, you might want to check out this site to see what Section 8 consider and will pay as fair market rate.https://www.huduser.gov/portal/datasets/fmr/fmrs/F...Also, you want to find out who your local housing authority is (cha.org) if the property is located in Chicago. 

Earned income will come with SE taxes, but contributions to the plan will defer income taxes.Another consideration to make are the likely returns that you can get within the plan when compared to the returns you're getting currently investing outside the plan.

Some useful resources I have come across thus far:Cromford Report - Phoenix area (overall real estate market, specific for PHX area)bls.gov (economic information in general)http://www.city-data.com/ (more economic/general information)www.trulia.com (crime, schools, etc.)Are there paid sites/reports that can be found to compare overall markets bullet by bullet for a period of time and over time?

Free or discounted rent is not much of an incentive (compared to SoCal where rents are significantly higher) out here because the demands exceed the value of the rent. 

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The fact that you have to pay two sets of closing costs is relatively minor compared to those things.

Either option depends on mostly one factor.....does it make sense to buy the lot and pay the costs of new construction, compared to what the market price for the duplex in good shape is.  

In short, I had plenty of work cut out for me if I bought this property.I negotiated with all of them a purchase agreement, which would involve my hiring a probate lawyer to help unravel the probate that occurred and try to get them the legal authority to sell me the house.

In some twisted logic of her's I defrauded her, so she never paid and never signed the paperwork for the Housing Authority, so they would pay me.