In the end, it will make all of our lives easier if we both agree the resident has some quality.I would like to address Mark's concern on lower credit worthiness.  80% of Americans live pay check to pay check.  

Through overcoming daily challenges as a real estate entrepreneur, I have now learned to build and run a hedge fund.The average American hate the hedge funds.Why not create a People's Hedge Fund?

@Daniel DietzHere is the list of lendrs I received from Quest IRA Daniel.1.North American Savings Bank (www.iralending.com)2.First Western Federal (www.myiralender.com)3.Icon Bank in Houston (http://www.iconbanktx.com/)4.Sherman Bridge Lending (https://www.shermanbridge.com/)5.Bay Mountain Capital https://www.baymountaincapital.com/

Such an ordinance is bad for landlords certainly, but that pales in importance to the overriding free society issue s this brings up.WRONG WRONG WRONG on so many levels!

Oh Bob, you crazy debt-driven-American-made-maniac.

@Hem KumarIf your IRA purchases a property using all cash, it can in the future obtain non-recourse financing against that property and those funds could be used by the IRA to acquire a 2nd property.You would want to speak with the non-recourse lenders specializing in this type of lending such as North American Savings Bank and First Western Federal Savings to learn about how much equity you could pull in this type of a situation.There is no conflict with IRS rules in this type of scenario, assuming the 2nd property is also owned by the IRA and not by you personally.The use of debt financing in an IRA create exposure to taxation known as UDFI on the portion of the income derived from the borrowed money.  

Got a full price offer within 48 hours, pocketing me $9,500 american cash dollars on the deal from a buyer i linked up with on BP.  

A short while after this I was given a book that changed my life and started getting me to question the traditional system and society.

The average American retires with about $500,000 in their 401k.

Yes there was a time when I had no money and lived pay check to pay check just like the average American.