The original buyers of the A bought it likely discounted too, so they're making value both sides.

Martin  I used to drink Woodford exclusively and then a buddy of mine who owned a bar sat me down to try Old Forester a couple of times and I made the switch.

Could also be things like a new laptop if the laptop is used exclusively to conduct business on your rental properties (make the laptop or other assets $2,500 or less to avoid depreciation over multiple years). 

The check book control package look attractive, at $1095 after a July 4th $200 discount :-) https://www.broadfinancial.com/self-directed-ira-plans-custodian-checkbook-control/I will need to set up one with pretax 401K , then another with after tax Roth IRA, so, want to make sure to control the expenses/cash flow of start up costs. 

Full disclosure I’ve only recently acquired a few properties so I don’t have years of experience I just know that when I was making my decisions on where to invest I did use that site, but not exclusively. 

That way they can take advantage of the $500k personal residence exclusion.

But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

If you are renovating the units, you could offer the long term tenants a nicer unit at a discount of what you intend to rent them for.

You're likely better off hiring a discount broker to list the properties on the MLS for greater marketing exposure to bring in a bigger buyer pool. 

Brown I don't think rentredi and property manager is mutually exclusive.