Does that sound correct?

@Scott MarshallYour understanding is correct, since the client owns equity interest in this other entity, a transaction between his IRA and the entity would provide him with indirect personal benefit, which makes this transaction prohibited. 

Also you can call third party management companies to find out if they have any owners looking to sell.Mail can be somewhat effective if done correctly.

If could paraphrase to ensure I understand, do these 2 statements sound correct?

There is a lot of information out there it seems, if you know how to interpret it correctly (which I may not be).  

And you must be managing the place, correct?

Also, not sure if I posted this in the correct area but hope so.

Thanks for the correction.  

There are ALWAYS better deals (without foundation issues).See the thing is I think (but double check this) that a seller is obligated to disclose when selling that there were foundation issues (is this correct?).

Personally, I have good credit, but if the LLC is new, the bank don't look at your credit (pls correct me if I am wrong); and therefore will not lend me money.Is buying under your personal name and quitclaiming to the LLC the only way?