I gave a low ball offer to start (35K below asking price, which was rejected). 

And completely agree a dollar saved on expenses is worth the same as a dollar gained in revenue, but the expense side is often overlooked.

It seems like this would be more on seller side.It’s not a deal breaker for the buyer, just a pain and occasionally a time suck, it absolutely can be an issue when you sell, not something that can’t be overcome but something that can cost time, money, effort, which again is why I’d just much rather be in condos than multi family all things equal, the per unit savings aren’t even that big in large swaths of D.C.

I've recently starting exploring the world of real estate investing and I'm eager to connect with like-minded individuals who can help me learn and grow in the field. 

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.

A renter can help you save on carrying costs when the market softens.

But it doesn't manner which site you use if you do not have solid policy, processes and procedures in place from the start.

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. 

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?

I'm starting to lean towards this having enough problems that despite the massive monthly cost savings, this program just is not consistent and reliable enough if this is your business instead of a hobby.