I would definitely recommend you talking to a CPA to determine your best options to avoid paying taxes.

A mortgage company could be another option.

Note that SD-IRAs do not offer a loan option, only SD-401ks.SD-IRAs & SD-401ks are two ways of being able to put qualified retirement funds towards real estate investments. 

Hey Marcus, there's some good advice here so far, and as others have said you will definitely end up in the Gulf Breeze/Navarre area if you're both planning to be able to commute, which would split the difference.As for VA Assumable, that is a great option, but it may be very hard pressed to find a home to assume without money down.

I am open to all possible options as this is a very good deal for me.

Find someone fee based who can talk you through what your finances and options could look like if you do or don't sell all or some of your properties.

As far as continuing the W2, it's not really an option as I currently work in Banking and more than likely someone would see it as a conflict of interest.That said, I'm not new to RE I've purchased numerous properties in the past and been to hundreds of open houses in the process.

**- Seller Finance- Subject To- Hybrid (Subject To and Seller Finance)- Lease Option- Arbitrage- Novations- Executory Contracts- Wraps- Options Contracts- Any other creative finance strategies not listed here!

From what I read the only option is to move in after her passing which we will revisit when the time comes.

BUT, yes, refinancing IS an option, because given the new situation one could not only wrap all that renovation cost into financing but also pull out the vast majority of capital deployed into it and still be sitting around 50 LTV, bringing COC potential above 50%, even verging on 100% yr2 and infinite from there after.