Also, it seems very much like it takes all economically viable use of the property if it really prohibits that the property be rented for 3 years."

Joseph L. if you're planning on raising rent by 13% with next to no improvements, your 10% vacancy is about to skyrocket....And depending on your location, an increase by that amount may be prohibited.

Condos close to the beach (if it's not prohibited by HOA) can generate much larger sums as vacation rentals in summer, and high market rents the rest of the year (students or ?)

At the moment, this would probably be cost prohibitive unless you were building a lot of units as toilets for a 4" drain are hard to find [at least in Canada].

However, you can only take money from verified accredited investors.Press ReleaseFACT SHEET Eliminating the Prohibition on General Solicitation and General Advertising in Certain Offerings

I was thinking that especially when it comes to retirement accounts that the IRS would make every effort to make the case this kind of activity falls under broker/dealer activity and apply UBIT or classify it as a prohibited transaction to blew up a SDIRA or penalize a SoloK transaction.

Just prohibit yourself from being overwhelmed.Even though I'm still learning I didn't hesitate to get into my first deal which is in the process.When anything ever comes into your head or something you're reading, such as a term being unfamiliar, research it right away and make sure you learn it.

Which is prohibited?

Louis Metro area have specifically prohibited such gentle breeds like Pits, Rots, etc.

This is typically cost prohibitive.