all of my units have long term tenantsc) the good news is that the property values here in South King County have gone up by a fair margin over the last ten years.

Loads of excellent information on here. 

You should target ~30% - 30% expense ratio (expenses/revenue).Also, the pro forma rents they have are most likely higher than what is in place because it's a value add deal and the goal is to Reno and then push rents.I've never used the valuation calculators before, but I would trust my own math in excel more than that.

The good news is the provisions that targeted self-directed IRAs (section 138312 and 138314) are out of the bill.

(Not legal advice)Excellent post, good information there.I practice in Indiana, so the below may not be relevant/correct for other jurisdictions.Some additional caveats/tips I would add:- if you have a bankruptcy filer filing multiple bankruptcies to stave off a foreclosure sale, especially after the second/third bankruptcy filing within a year, and you attempt to seek In Rem relief, it is a good idea to get a certified copy of the Order for Relief and record it with the county.

Both of them were excellent to work with and very knowledgeable.

After you graduate get a job with a local company and dedicate yourself to extreme excellence over the next 4-5 years. 

For example: a high cash-on-cash ratio is usually good news.

If you're just starting out, you can use something as simple as Excel or google sheets to keep track of income and expenditures.

Auction.com is a little tricky to figure out how to download a complete list in the Excel format.