Quote from @Tricia O'Brien: I'm curious why you would specifically look for a "Mom and Pop" manager?

Do you mind providing some more specific numbers on your opportunity?

A Solo 401(k) is generally subject to UDFI but is specifically exempted when the debt-financing is used for the acquisition of real property.When a tax exempt has generated either UBTI or UDFI, the tax paid is referred to as UBIT - Unrelated Business Income Tax.

Some custodians may offer access to platforms with investment opportunities, as well.

Hello Dana, For that purchase price in Brooklyn, NY, you could be looking at considerable unknown expenses at this point.If the property is occupied, you'll have to factor in attorney fees and holding costs while you wait to gain access to the property.Furthermore, you could be facing additional costs related to title issues: open permits, violations, liens, judgements, etc.

I'm also open to recommendations of other community spaces that I can engage with specific to the Phoenix area. 

The tax treatment in such cases may vary depending on specific circumstances.

The city of Oklahoma City has issued a moratorium on home share licenses and many landlords are converting STRs into MTR or regular rentals. 

Give them notice that their lease will end and you expect them out by a specific date/time.

Polis supports the idea, if not the specifics of the bill.