While it doesn't directly offset the income picked up from the inherited IRA distribution on your tax return, this could partially or fully offset the tax impact and be a completely legit way to accomplish sort of a backdoor rollover.For example.. 

If you are willing to do mid-term, you open a lot of boxes up.

Many of those properties don't actually produce income due to turnovers, vacancy, maintenance and damages and you're lucky if they appreciate enough to keep up with inflation.

I do have some very limited experience with commercial, but I've found it to be risky when retail vacancies come up, at least in the Bay Area.

We do ground up construction of 3-4 units in the urban core of Columbus for investors all over the country. 

Who ultimately has to come up for tbe repair cost is a legal question between you and the neighbor.

Andrew,Good for upping your game!

The land is in a very non-desirable area pretty much in the middle of no where so I would assume the cost of the land is low but don’t know how the ROI would be after you had the infrastructure up and running.

Without it they are not legally required to do that (look up the "blue brochure" https://dopl.idaho.gov/wp-content/uploads/2023/10/irec-Agenc...).

If you meant co-living, look up @Grant Shipman, that is what he does.Can you please explain or point me to a post that tells us what your model is?