Underwriting is very strict.

But that renter was very easy going and the rental laws were less strict back then than now. 

However, it's important to note that using leverage in an IRA can trigger Unrelated Business Income Tax (UBIT), and there are strict IRS rules to follow to avoid prohibited transactions.

Or is an LLC limited to different, more strict options?

Not strictly necessary, but nice.I'm currently invested with Rise48 and in contact with White Haven.Who else is out there that I should know of?

are they pretty strict?  

Putting five unrelated occupants in one home means five cars parked outside, five different group friends visiting the home, increased likelihood of noise or parties, and other problems.Personally, I have pretty strict requirements when three or more unrelated people are renting together because of the potential problems.

But if it's strictly str only, no personal use, IRS seems to allow deductions and losses as any other rental.

. - Making sure their responsibilities and your responsibilities are clearly defined, giving heads up about workers coming in to do upgrades/maintenance, being proactive about renewals, deposits, strict about the lease agreement (but lenient when it makes sense), etc. has been instrumental. 2.

To maintain true independence, I think a strict subscription model is the better way to go.