The only way your should consider this is a direct payment to the IRS from the proceeds after funding

Would like to connect to lenders in the bay area who can guide me or point me in the right direction?

One benefit of direct MLS access is the many filters I can use in different combinations in order to find hidden gems.  

Some this else to think about as you can avoid the labor cost.

The pros far outweigh the cons, which include:Safer living & health conditions for tenantsA peace of mind for you as owner & for tenantsWhich can then in turn directly or indirectly, depending on your perspective & outcome, reduce vacany rates

I recently looked into direct mail, and thought if I could do it myself, it would save some money.

Right now we have done a lot of research, but I think we could just use a point in the right direction for us to move forward.

If you feel like getting creative, I would love to trade some labor (drive for dollars, fill out/deliver marketing materials, clean and landscape, any other chores you'd rather someone else handle) for reduced rent.Thanks everyone, looking forward to getting out and getting involved.Ryan

Is it possible to lend out of my self directed IRA through a NOTE to someone starting a business.

@Brad Chatman - They are on the MLS or you could do a direct mail campaign, depending on the area you may wind wholesalers moving properties if you are paying cash.