All my tenants have good income/credit, and because the property is nice, there are always dozens of applications when a vacancy occurs.

If you are lucky to time your sales to occur in a rising market, this "synthetic dividend" strategy will produce an income.

Oakland is a unique market and the appreciation that occurs here in the Bay Area (at least in the past years) has been higher than many other places.

@David CzechI had this done low and behold unbeknownst to me the tenant had a pet that she bathed in the tub. when I went back to the apartment for an inspection I saw the aftermath of what had occurred.

What makes a self-directed IRA custodian different is that they are not purely connected to the public exchanges and limited to investing in stocks, bonds and funds, but rather have the staff training and paperwork to document the IRA's investment in the more individualized transactions that occur when investing in real estate, notes and other non-traditional assets.

As more comparable sales occur, the appraised values will rise.

I don't even ask our tenants to change the filters since sometimes getting the metal pieces of the furnace back together takes a little mechanical talent and when the filter is inside the furnace there are a few bad things that occur e.g. if the door is not properly closed the safety switch will be open and the furnace will not operate and you get to pay a technician to solve the problem and tenants sometimes don't installs filters correctly and the filters get sucked up into the blower squirrel cage.

Can he close with a current eviction occurring?

Prepare for bad situations long before they occur (late rent, unauthorized animals or occupants, early termination, abandoned property, inspections, etc.)

It shouldn't be difficult because the problem occurred during their ownership.