Hello Biggerpockets community I need your helpAfter Repair Value- 389,000 Seller is Asking Price- 319,000(I'm going to try to negotiate 272,000)Rehab Budget- (controlled budget) 50,000My Maximum Allowable Offer 241,750My question is what would be the best way to structure this deal?

Hello Biggerpockets community I need your helpAfter Repair Value- 389,000 Seller is Asking Price- 319,000(I'm going to try to negotiate 272,000)Rehab Budget- (controlled budget) 50,000My Maximum Allowable Offer 241,750My question is what would be the best way to structure this deal?

Here is my short list:Comprehensive lender control panel with servicing notes, status on unpaid taxes, payment history, etcA 'control center' to deploy force placed insurance, and ability to have servicer send CFPB required letters to borrowerTax tracking integration Loss mitigation services with active updates to lender on control panelAn active discussion board style system that lets the lender have a dialog with servicing staff on any matter.

You can never get a precise estimate by looking at pictures alone but you'll get in the ballpark if you know how much labor and materials tend to run in your area.That's just my 2 cents and I'm sure other people do it differently.

Why would you pay money to let other people control your property?

They are not building enough houses to meet demand which means landlords (who didn't buy in rent control areas) will keep driving up rents and enjoying more cash flow.

My "why" started out as running from the pain of other people controlling my life and threatening my future.

An alternative to custodial SD IRA is Checkbook IRA, which allows you to have a checkbook control over your retirement funds just like Solo 401k does. 

@Bernard Chouinard If you are going to have self-employment, then you could consider rolling it over into a Solo 401 with checkbook control.  

One thing to be aware of I'd the rent control laws in DC. 4 units and you are fine bit once you hit the 5th you will become subject to rent control.