This would be a prohibited / self-dealing transaction. 

This bill would prohibit that.

If that's cost prohibitive, paint the vinyl kitchen floor with tones from the slate.

Although our LLCs aren't too expensive here in Colorado, using a 401k trust can still simplify the structure.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

I realize that this is usually used for BRRRR investing - but that is somewhat prohibitive with my full-time job and, again, the local market.

The City has made it very clear to property owners that if they are required to clear a lateral due to a blockage resulting from wipes, the property owner will foot the entire bill.We have likewise made it very clear to our tenants that the use of wipes is prohibited in our properties and any costs incurred to clear an obstruction resulting from their use will be passed along to the tenant.We had one instance in November where tenants use of wipes managed to clog a backflow valve at one of our properties.  

The IRS does provide a list of assets that are explicitly prohibited, life insurance, S-Corps, and collectibles (Art, rugs, jewelry, cars, alcohol, non investment grade/Bullion precious metals, etc.)

That adds a level of expense that is probably prohibitive in the 50K property realm. 

Fortunately, the 1988 Amendments to the Federal Fair Housing Act prohibit discrimination against handicapped individuals.

If you raise the rent and then include utilities in the rent, then they will not care how wasteful they are.If you have them split it, then someone will be mad because their neighbor is wasteful.Is it too cost prohibitive to separate out the meters?