It can still buy, hold, and sell property, and it could still defend against a suit, but would be prohibited from bring its own claims.

There is certainly a bigger barrier to entry but it doesnt have to be prohibitive. 

ATCP 134 to create a temporary prohibition on charging late rent fees or late rent penalties for any missed rent payment or any late rent payment during the current public health emergency and during the 90 days following the public health emergency.https://docs.legis.wisconsin.gov/code/register/2020/772B/register/emr/emr2002_rule_text/emr2002_rule_text?

You are considered "disqualified person" to your IRA and although you control the IRA and investments of the IRA - you are prohibited from receiving any benefits from your IRA investments or provide any services to the IRA (for example: you can personally do any work on IRA-owned property). 

If that wasn't allowed, why would specific non-prohibiting provisions related to rental income from roommates be mentioned in your closing paperwork?!

If you've got an extra 50k to throw into the deal and it won't prohibit you from making a move on another investment or take away from your ability to continue living within your comfort zone why not put it to work for you?

Along with the flexibility of such plans comes the requirement to be aware of certain tax rules, namely the prohibited transaction rules.

Many of the walls in the house are masonry, so replacing plumbing is prohibitive.

If that is impossible or prohibitively expensive, I then evaluate a switch to much more efficient heating equipment coupled with a fuel swap (eg: 80%AFUE oil to 96%AFUE gas).

If it were a concern, I would even sign something that would prohibit any of their buyers from trying to backdoor that wholesaler.