@Mitch JonesPersonally I see every ridiculous government legislative roadblock as a reason why others will drop out/ fail.

@Chris SeveneyThe Socialists use COVID and the like to pass legislation to weaken property rights and further their agenda of destroying private property and instituting state property ownership.In 1947 NYC, using the post war housing shortage as an excuse, instituted the “temporary” measure of rent control. 70+ years later the temporary measure, as well as a companion measure instituted in1971 is still in effect, with the effect of having provided a transfer of wealth from property owners to tenants.

We focus mainly in the midwest and SE with our investments where there are landlord friendly legislation, low taxes, economic stability/diversity, population growth, reasonable home prices that allow for cash flow but still have appreciation. 

Is this legal under current legislation? 

Voters complain to legislators. 

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."

"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.

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....