I always recommend that anyone getting started attend in person meet ups.

Thanks @Johnny MartinMy suggestion is to partner with a like minded person... and preferably someone like a family member who really knows you... a dad... an uncle, etc that understands the value of passive investing.  

I personally wouldn't entertain the gift option as I think its an unnecessary step and it can take significantly longer. 

Personally I don't like to do less than 20%. 

It's been interesting, because lately a number of people have had this exact problem and we've been discussing it on this forum and personally with others we know. 

Taking a bit over a long period of time is better than taking it out all out at once.Furthermore, you can have 80% LTV if you purchase property in your personal in your own name.LTV inside of a SDIRA is somewhere around 50%

Ask the person lending you the money.Banks won't care.

The title company says it would need a satisfactory quiet title action and a couple of other factors that would be part of the QTA.I certainly can't be the first person to attempt to clear a title in New York and would love to get input from someone who has done so.Thanks in advance...

@Jay HinrichsHold on a min.... are you guys saying there are state laws in place saying what information I can disclose in a personal letter to sellers??

I think it's better for for sale product not rentals personally.