The other reason is that I want turn-key properties and not one that requires work as I am very inexperienced and do not want to take on a project.

Then the SDIRA would be required to pay taxes for that filing year. 

I think your biggest hurdle would be speed as these typically have seasoning requirements.

I recognize that light vs heavy renovation impacts this and we tend to find projects that require more intense rehab than just cleaning and painting.THANKS!!

Both times required us to go there to get work done).  

Credit check, income check, debt to income check, possibly requiring a co-signer as well to ad an other layer of protection.

It's probably in his best interest to hold as he only needs requires $250K MAX in addition to the property he is selling, and can secure a new loan on the new primary.

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In my market at any time, I could probably find at least several active advertisements where someone is trying to scam people out of AT LEAST application fees perhaps by requiring they apply before seeing a unit or possibly even move-in money.

Now is a tough time to get into the market, it requires a LOT more research, more work and more due diligence.