I own a few properties in the Los Angeles area with a partner. 

Once you read the explanation below, you will understand how REALLY bad things can be if you don't get the letters but go through with the purchase.First, the owner/seller should have a clause in the lease requiring tenants to sign (or object to in writing) tenant estoppel letters if presented to them.

You can convert it into a self-directed IRA and buy investment property with it.

Network with local investors, understand local laws, and consider owner-occupied financing options.

Hard to scale on these larger deals Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I would not expect to hit nearly $3,000/mo in gross bookings with a 3/1 in Cornerstone Village.

Like you, i'd be interested if anyone here has any experience with doing this 'technique'. 

Good luck with your new venture.Here for any questions you have regarding REI bookkeeping.That's what we do!

I recently closed on the purchase of 12 acres with the help of a family loan, and the farm service agency ( 1.5% for 20 years).

Can anyone help with this?