Voters complain to legislators. 

but for sure the threat of legislation capping rent increases on vacant units would have me doing 1-5% increases every single year. 

Cleveland City Council in 2019 passed legislation that requires owners of rental property in the City to prove that their dwelling units are safe from lead hazards."

I was no longer able to fulfill the text agreement as the unit was not filled on April 1 (It filled on April 15), I was unable to travel to the unit to make sure it was in good standing, and I was extremely financially uncertain at that time.  

If there are limited comparable properties, especially direct comparable properties, this makes appraising a property more uncertain and thus places greater liability on the appraiser.  

"Given the risk to businesses considering eviction records during the effective dates of the legislation referenced above, AppFolio will no longer be reporting Landlord Tenant records (i.e. eviction records) created and/or filed from March 1, 2020 until August 31, 2021 on our screening reports effective immediately"Cleveland Did an amazing job getting rental assistance to struggling tenants ( I helped get 15K of rental assistance to clients), and they still moved forward with Evictions for Problem Tenants( like the Drug dealer waving a gun at my other tenants) So in Cleveland, If you got evicted in 2021/2020, you really earned it.

If it’s in a strictly cash flow type market with limited appreciation potential and uncertain ability to increase rents to create positive cash flow and add value within a year or two, I wouldn’t do it.

So it's probably a good idea to wait a month or two until the Build Back Better legislation is passed before investing your SDIRA into a private deal.

A lot of legislative things in CA this month.

Just do this Google search:  reconciliation self directed IRAYou'll get a smattering of links (ignore the Ad results) that explain why this is such a hot topic right now (and why you should get involved by communicating with your representatives).Most expect that the issue will be resolved once the Build Back Better legislation has been passed in the coming weeks....