Just before that, you should hire an inspector to identify what repairs are needed and add that to your improvements on the scope of work.

I am trying to figure out how to identify markets.

Do you already have a deal identified? 

The type of self-directed IRA that will best suit your situation and goals will drive the process of identifying the right firm to work with.A self-directed IRA custodian is a processing entity.

That will give you more options when you start to identify opportunities.

Hi All,I am working on a free map service for fellow investors to identify hot US zips based on price to rent, rate of appreciation etc..

The type of self-directed IRA that will best suit your situation and goals will drive the process of identifying the right firm to work with.Mainstream banks and brokerages do not offer self-directed plans.  

The only thing I would add is that you cannot prevent bedbugs, BUT you might be able to implement a system for your cleaning person to follow in order to identify the nest and potentially find the bedbugs before you get a complaint.

When we start looking for investment properties, we will send a more professional letter that clearly identify us as investors and emphasize the benefits (cash offer, quick closing, no hassles with listing it or having to do updates). 

It sounds like you have not identified what he wants - does he want to sell?