Not just opinion, but the fact that I ended up getting them to "repair" the damage.....so such experience may just mean lucky, you do a hundred of them and I'll gurantee problems will arise.

They are all in very good condition and currently rented with mostly long term tenants at under market value in a fairly low income, but popular area with virtually no vacancies.

Try putting the name of the more popular self directed IRA organizations into your local auditors site . properties are titles in the name of the IRA custodian FBO the owner of the IRA.

That is also not to say law suits do not arise from this example, as they do.

If you have a way to do it without facing margin calls if the stock market crashes again, or have a liquid way to cover any margin call that arises, not all tied up in a house or forced sale of stock to cover, then maybe I'd consider it, but not sure how you do that unless you're 100K loan from your own brokerage account is a very small portion of what you could actually withdraw, keeping yourself well leveraged there just in case.

While during the bubble years, this was popular as time added tremendous appreciation, the exact reverse happened when the bubble burst.

Contrary to popular belief, there are great rental markets in California!

So it all depends on what's popular in your market.

You need to do this NOW (LLC or not) so you have something to fall back on when disagreements arise later.

Issues arise from things as simple as the water being cut off then turned back on suddenly causing leaks... to a 15 year old septic tank never having been pumped out (these are lower income residents).... to whatever problems can come from an inexpensively made home that deteriorates after 15 years old etc...