We started investing in Indy in 2019 and now after acquiring 16 properties, we have quite a good information on most of the areas and zipcodes.

On a 30 Year with rate around 7.50 for example puts you at $1678.00 P&I plus the $350 (escrows) and $250 (water/sewer) total $2,278.00.Rents 4x700 $2800.00 so you clear $522.00 a month without taking out variable expenses. 

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. 

The total number of days of operation within any 365-day period of an annuallicense shall not exceed 180 consecutive days.

So, starting to look around.

Can I write a letter explaining to the renters I bought this property and put a copy of the title with the letter and ask them to start sending me rent?

As I am just starting up on real estate investing cash flow is my biggest focus at the time and will plan to diversify my portfolio in the future.

hi this is the honest review of pin5 and propstream so i was using connected investors but as someone else explained there was some inconsistencies with their system as well as there is now individuals on there running scams so i had to leave them then i started with propstream and been with them as well for some time the issues i have with them is a lot of their data is not correct as well and you always have to fact check the square footage of the property or the price sold with now as of today my issue with propstream is i paid to have a list over 2000 skip traced  what they was able to find supposedly was 1980 the good thing they only charge for what they find so they charged me correctly the list was uploaded to calltools for my va to start calling ( now this is the kicker out of 1980 that i paid for 1660 was invalid  so when i reached out to propstream and spoke with steve the mgr he said directly to me they use a 3rd party company and there was nothing they could do about that high number of invalid.not only did his response disappoint me for the simple fact i have been a paid member for sometime but now its the fact i feel its a scam as well we are talking over 60% of the list i paid for is invalid come on that will not work  

I am starting a park that will end up with roughly 20-25 lots on plot of land that's roughly 20 acres (including an existing 4/2 house).

Now the 1st lien holder the mortgage that was never paid off, they has issued a lis pendent and starting the foreclosure.