This is nothing more than the asset performing, same as a stock going up in value or receiving dividends in a ROTH.If your Roth has checkbook control and is in an LLC the state may send you something saying that your LLC hasn't filed taxes.This happened to me.

Create a business, generate Earned Income & do a 401(k)-solo with check-book control.

There is no "rent control" on the properties, but you cannot raise the rent above the income level of the tenant.

Unless you invest via an LLC owned by the IRA, you will not have checkbook control over the funds which means you need to run transactions (e.g. income, expenses, etc.) through the trust company who will need time to process the transactions and generally charge fees for each transaction.

On January 1st, rent control was enacted state-wide. 

We created a the holding company that controls our other LLCs.

@Michael Putman you need to give a little bit more details whether you are going to do a syndication or a joint venture.

I'm not a little girl and this isn't my first business venture :-) With that being said, we discussed a $300K budget with a realtor down in PS and he came back saying that it was rather light so that's why I asked someone who is already doing it--what would be realistic.

However, even with renting you are not permitted to give up control of the property to a property management company.  

Is the property under ‘rental control?’