The family member has held the buildings for decades and managed on his own, but he is 80 years old with health declining and cannot properly manage them anymore.

Not advertising a deal, just trying to understand what “market” looks like.Hypothetical (but based on a real situation):- Location: Central Los Angeles, Jefferson Park–type area- Asset: Existing 4-unit multifamily on a single parcel- Context: Within walking distance (~0.5 miles) of an E Line / K Line rail station, so it appears to fall into a transit-oriented development (TOD) pocket that should benefit from SB 79 upzoning (higher minimum density / height / FAR if standards are met)- Ownership: Held in a family trust tied to a probate / conservatorship, with a court-supervised mandate to (a) preserve the asset and (b) use it to support an elderly beneficiaryThe family side can realistically contribute **land only**; they don’t have the balance sheet or cash to run a full entitlement + construction process.

If the seller has held the property for a while, assume your taxes will reset closer to full market value.To sanity-check your assumptions, look at recently sold comps.

Buying entry-level properties without the financial capacity to handle repairs or mistakes often puts investors in a worse situation than if they had held off and saved until they were better prepared.

Quote from @Rion Manita: @Don Konipol well said  Rion,One thing to keep in mind there are some industry lingo that can be confusing for example like "Silent Held Second". 

I've held off on calling my insurance company and opening a claim as I think the landscaper/HOA should pay for it.

Low inventory, inbound migration from higher-cost metros, and cheap financing created the perfect storm: sellers held all the leverage, buyers fought over anything that had a roof, and investors—especially those trying to scale—had to move fast or lose out.But over the past 12 months, something interesting has been happening under the surface: the market is easing.

Is there any 'other' way to use funds from an IRA (roth, held for over 5 years) to pay for an investment property?

The funds in this case were likely held in their individual name, and a death, bankruptcy, or other could affect the ability to close out and complete the 1031 exchange.The safety and protection of exchange funds should be of utmost importance, which is why you should always work with a qualified intermediary that has some sort of regulatory oversight; not just an internal audit or something, but real regulatory oversight with an outside, independent regulatory audit. 

At the same time Id like to know how hands off can it be.