I figure this was a good idea since it would be a direct buy with no brokerage fees.

You can also do direct marketing to find people who haven't decided to sell their home yet.

To directly answer your question - I don't think it will impact a renter but another buyer may have the same thoughts you're having now. 

Okay, so either wholesaling or direct marketing. 

Those have proven beneficial  to me  Define direction you want to go in and go after it. 

In my current situation, I'll just transfer everything into our names so I can get the benefit of NFCU's 95% LTV.On another note... do you know of anyone that does non-recourse lending when the 20% down on a multifamily property is from a self-directed IRA?

My plan is to supplement that with a business focused in helping local people in California get access to the great rental market in Baltimore, either through direct ownership or debt.

Good luck with whatever direction you go!

If you're trying to change geographies and do it with what we would call a direct or simultaneous exchange and you're closing multiple properties I'd rethink. 

***You should also consider areas just outside of it too, like Casa Grande for example.You can help us help you by telling us a little more about yourself, your experience level, and what type of real estate investing you're looking to do (fix and flip, buy and hold, etc.)Plus, if you tell us what kind of property you're looking for or what returns you're hoping to get with your strategy, we'll better be able to point you in the right direction.