At first I thought he was going to give me a good butt chewing, but it turns out that he is ready to retire from investing and was looking to sell off some of his properties, eight in all, so he and his wife can spend the rest of their days without the hassle of having tenants.

I guess I have to talk to the owner to make his offer better than banks, I feel like he is not motivated enough, he said he wanted to retire. 

We originally wanted to hold for the long term to potentially retire in but at this point, there may be better use of our money if we can sell. 

I’m married with 4 kids, I make about $175k a year, we have about $250k of total debt, about $500k to $600k in equity in our current property, around $15k in liquid cash and close to $200k in retirement saving.What does action look like for me and my family?

-Current Assets: <$100k in cash, ~$300k in retirement accounts, Primary Residence (CA) ~$100k in equity, 1 LTR condo ~$200k in equity and a HELOC @ $80k to close this week hopefully :). 

None of this speaks well for owning property in an IRA.While trying to find related examples, I found another argument I would have certainly lost regarding accounting for a checkbook controlled IRA LLC: “Providing un-tracked accounting services for your own IRA LLC can result in a both an excess contribution and a prohibited transaction.”http://www.prweb.com/releases/2011/02/prweb4300264.htmAccording to the article, “Although there are some exemptions for services provided to a retirement investment plan, they do not extend to services provided to entities owned by the plan.”I guess you guys are right.

Rather than convincing someone to use their retirement funds to be my ginny pig I would rather work with a hard money lender that will make sure it's a good deal and add some value in the process.

It's a great place to live and/or retire for the right kind of people.

I have a decent amount in retirement accounts but I'm not sure if it's a smart move to leverage those. 

Will they be prepared to address retirements and disposition?