As a real estate investor you have a lot of the control.

House administration organizations are the one who take care of our house for us and control our house in great and attractive way but before that you know what precisely to look for in home management company.

The mls is controlled by NAR so you need to be a paid member of association and be able to have lockboxes after you have been finger printed and have steep realtor insurance. 

Legally what your doing and what your actually suppose to do could be challenged, you need to get formal control, so see that attorney.

@Brandon CravensFirst......check you local lawa and make sure you don't have rent control or protected tenants.......if all is good...........Take it to $725 on all units.............$725 - $450 = $275/mo..............times 12 mos in a year equals $3,300 a year times 8 units equals $26,400 a year YOU are missing out on.By the way.....once the people that are paying $725/mo realize that there are others paying $450/mo ............and that they are the only ones paying this you will have extreme animosity from the tenants you just put in.Generally............not always.........but generally..........tenants that give you problems are NOT the tenants youput in, but the tenants you inherit.Have the property manager put together a nice professional letter to the other 8 units explaining how as the new property owner......you are coming up with a new lease and that includes bringing everything to market rate. 

You will then be in control of how you invest your SDIRA. check out The Entrust Group.Good Luck ! 

To include pest control, lawn care, garbage removal, unit cleaning (tenant turnover), unit painting (tenant turnover), HVAC inspection and servicing, to name a few.  

You can locate your new office in your place as long as you can close it off and not be distracted by any personal items.Try to stay in control everything that you are responsible for.  

You want some fast cash flow (you have the skills and expertise in assignments)You want to Buy and HoldYou only want to assign your contract (assuming you have the skills to control the property)You know exactly how much you might make on the transaction because you understand that local market - the comps help and your gut says GO FOR IT!

I could use the cash sale of these two parcels to financing the majority of the price to build the eventual house that will go on this land3-This would allow me to control how many neighbors I'll have (I don't want a neighborhood with houses spaced 15 feet apart going up)So, maybe a bit of an investment, I don't really think sitting it for 3 years would let it appreciate much in value, but, it would give me control and future sale of any of the remaining property would be put towards building of the new house.