The other thing to look at is what kind of time you have to devote if you plan to self manage; this niche takes more time.

You have to really be able to trust the company you're working with.Beyond that, though, I'd really encourage you to start local and self-manage your first few.

You probably are local and self managing but always a good rule of thumb to include that in your numbers.

Sounds like a great opportunity, I definitely agree with sending out a letter to the tenants in a professional manager introducing your self. if you stay business focused and professional rental income is a great way to generate current income and build long term wealth!

Sometimes a cash offer looks more appealing to the seller.You are using money from your self directed IRA, so I assume you are "all in".  

He also has provided some invaluable advice to me personally on other ways to invest especially as it relates to my self-directed IRA. 

The Self Directed IRA Handbook.

Looking for some recommendations on a Self Directed IRA custodian in Phoenix, AZ.   

Currently own one SFR in Lawrence KS that I self-manage.

I made20-K while on trip in carribean ......90% of my clients get approved........My lenders get in touch with you......After you pay the admin fee...I had to laugh to my self lol