Hi @Ashley Pimsner.Since I don't know to what extent we can't promote our business in this forum, I'm keeping the information confidential from the public, but I can definitely give you the address of the subject property so you can check it out.Looks like I can't post neither my phone number or email.Here's my website: arghomebuyers.com

I am having trouble locating how or where I can find proper documentation to use in a Master Lease Option that I am going to purpose.

I know it sounds silly but I just want to make sure im free and clear and that my loan for the purposes of rehab on the home isnt holding me liable for anything?

BTW: There's not one professional kitchen using Electricity - - they are all gas.Here in Calif, there was a craz (promoted by SCE) for the 'all electric home' and these ALL bring lower prices - - electricity costs more than gas AND the conversion from electric to BTU is poor efficiency. 

There were a couple of characters promoting this play a few years ago and pissed off the judges to the point that we can't utilize the laws now when we really need them.

@Tara Myrick I don't think you will get an approval. 2 hrs away is too far to be considered commuting distance for everyday purposes.

An IRA is a retirement account, if you have enough money in a retirement account where you can invest in RE and if you plan to use ALL earnings for retirement purposes, it is perfectly fine. 

A lot of folks promote the 401k loan like it is cheap and easy money.  

Very much by the letter and oftentimes unrealistic. so you do have to be careful when buying for the purpose of that CO.

But I have to imagine, buying someone/giving someone a house - there's got to a very smart way to play it for tax purposes.