@Chris Grenier, I'm curious what are some of the specific issues or reasons with condo hotels in the Orlando area that you are recommending against.

If there aren't major structural issues with the rehab, then it looks to me like you've got a winner on paper.

Is there a way to validate info like back taxes, liens, other issues that may be attached to the property that would prevent me from taking over?

Supply demand can be a local issue.

Going with hard money or a similar setup could get you in the game much quicker and avoid the problem of having too many chefs in the kitchen (Which is a legitimate issue). 

I've made several posts in the past where I was looking and making attempts to purchase my first property that fell through due to issues found during inspections or not being able to come to terms I was happy with...The last one I found actually worked out and I closed on it a month ago.

@Jesse HargroveThe transaction itself - issuing a note (secured or unsecured) to a business - is absolutely something an IRA can do.The question would be who the borrower is.  

There is no work around with this other than doing your own pressure test to isolate the issue. 

Long story, but I chalk it up to 1st time flip issues.

I am a Financial Education Service Agent helping clients of Real Estate Agents correct their credit issues so they can obtain home ownership.