You need a bit of a crystal ball to determine if you will make any money in the end or whether you will end up supporting a liability out of your W-2 job's paycheck.

If they insist, I would make it clear, absolutely, 100% crystal no-misunderstanding clear, that you will NOT sign any personal guarantee on the loan under any circumstances, and if you get to the closing table and they stick one in front of you and tell you sign it or you lose the deal/deposit, you will walk away from that closing table.The reason I say this is that a number of SDIRA owners in the past have had exactly that happen, they thought it was non-recourse and then at the closing table were asked to sign a personal guarantee, and some of them did.BAM - that counts as "extending credit" to your IRA, which is a prohibited transaction, and my understanding is the IRS considers your whole IRA distributed at that point - and then proceeds to assess penalties and taxes accordingly.There are 1000 different ways to shoot yourself in the foot with SD IRAs, they are powerful but very tricky to get right, and the penalty for making a mistake can potentially be a lot of your retirement savings. 

I've been using some healing crystals and thoughts and prayers so far because that's all I can afford on the currently offered plans. 

I suspect (with my crystal ball), rents will continue to increase after CoVID settles down and people start to migrate back downtown again.

@Crystal Smith, what is considered major renovation ?

No one has a crystal ball but most people agree places that over built recently or had an insane number of people relocate to their area then move somewhere else at the end of covid or had ridiculous home price increases are the places with heavy declines. 

I can say I got a 4 plex in a great neighborhood in Crystal for under $300K, and several buldings in Crystal, Brooklyn Center, and New Hope have sold sub $300K.  

(TL;DR at the bottom for those not interested in the rambling :)Let me start with the fact that I’m just guessing here and I certainly don't have a crystal ball.

No big crystal ball, but the industry is consolidating.

Quote from @Crystal Smith: Quote from @Dillon Penner: I am committed to buying my first property in 2023, but I am torn on jumping in with 2 feet right now.