See Garn St Germain"A lender may not exercise its option pursuant to a due-on-sale clause upon--, (1) the creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

Of course, there are strict guidelines for obtaining and using these reports, as well.The reports I access are instantaneous, online, and are less than $10 single, and less than $15 for joint (married) reports.

Look at your filing basis (single, married filing jointly, etc.) and your AGI (adjusted gross income).

I have worked for numerous Brokers that owned in excess of 100 units individually, and in various joint ventures/partnerships with other family members and or clients.

"DEFINITION OF 'JOINT VENTURE - JV'A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.

Creative financing is lease options, seller financing- they're the bank, partnerships, Joint Ventures.

We'd recommend against it.So long as there are no transactions between your two IRA's and they simply joint venture into a transaction, there is no issue with that.There can be no direct or indirect benefit between disqualified parties, however, and this falls into that indirect range.  

Even if you do want to use a property manager.I would suggest you look at investing in index funds if you want passive income or consider being a money partner in a joint venture with someone very knowledgeable in real estate investing in Edmonton. 

I jointed BiggerPockets to network with fellow real estate investors in the area, and also seek out expert advisors (accountant, real estate attorney, etc.).

There seem to be quite a few members of this board that have no idea what "joint and several liability" means.