The very first steps I would recommend though as a new investor is to get a handle on analyzing the income, expenses and ROI of these properties in Bridgeport.You can use the Bigger Pockets calculators to start.

When analyzing this deal, I used neighborhood comps and price per square foot as the primary basis for my valuation.

@Tiffany Watkins, easier to input those numbers into a calculator, there should be a deal analyzer right here in BP tools or you can PM me for a deal analyzer, also, add only that which truly adds value in the marketplace it is in, for example, if it lacks a garage in a neighborhood where a garage is expected, definitely the garage would add value.

@Richard Weinberg1) If you have a Solo 401k that supports a 401k participant loan you can simply take a 401k participant loan up to 50% of the balance not to exceed $50,000.2) The notion of loaning funds from your self-directed IRA to someone else (and vice verse) could easily be challenged as a step transaction where the step of loaning to someone else would be ignored and the transaction would be analyzed as a loan from your IRA to yourself which is prohibited.

If you have the need to use this quite often, it’s worth the expense in helping you analyze your deals correctly

In that situation, real estate is more risky than the stock market contrary to popular belief.

I analyzed for about 2 years before making the jump.

Feel free to reach out on anything relating to the market, micro neighborhoods, analyzing deals, REI strategy, etc.. 

I appreciate the  1% rule of thumb for analyzing the BRRRR method. which was my ultimate goal initially.

None of the 50+ properties I've analyzed = PROFITS.