When I did open my SDIRA back when, I had done a lot of research but I guess I missed the understanding or knowledge of banks also having SDIRAs.

@Ezra Avery you might want to read below to understand Classes of Property/Tenants.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

However, understanding the passive activity loss limitations is crucial before making this investment.

Yes I understand that possibility, that's why I try to build relationships with the builders that I work with so they know that I'm trying to get them a good deal and I know that I can trust them with any potential contracts.

Understand that they all have an incentive to sell you a property.

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.

@Steven NguyenThe BRRR method is a solid strategy, but careful planning is key.

Just want to make sure I'm understanding correctly 

If there is a better approach, I would like to understand what it is.Thanks for your post.

Pick a solid B-Class suburban area.