It’s been on the market over a month and I believe is a little overpriced given the current interest rates at the moment. 

You have to pay for knowledge one way or another.

Research the sponsor's track record, past performance, and the market they’re investing in.Understand UBIT/UDFI – If the syndication uses leverage, your SDIRA might be subject to Unrelated Business Income Tax (UBIT) on the leveraged portion of the income.

People in 1981/1982 were angry they were paying 18% interest.

If you watch the market every day for a couple weeks, you'll quickly learn what is renting and what is sitting on the market.

However, in my market I get a lot of renters under 30 where they may have little credit history and only small negative things impacting their score.

They are susceptible to the same market forces as any other real estate. 

I think Lakewood is the best market in Cleveland, but I am hearing people tell me to expect rents that seem impossible there.

The systemic trouble is in a few high growth markets in the US.  

I suspect maybe something like Hagerstown or Cumberland, which yeah are Class D like markets with declining populations, high drug problems, no strong job base which leads to non paying tenants.