Unless you invest via an LLC owned by the IRA, you will not have checkbook control over the funds which means you need to run transactions (e.g. income, expenses, etc.) through the trust company who will need time to process the transactions and generally charge fees for each transaction.

They work with the same crews and have better control of quality and labor costs. 

If the total income works, rent control is no problem. 

Is it rent controlled, how much in tenant buyout will you need?

I like to control properties with a skinny contract of sale and flip (assign) within 3-5 weeks for a profit.Hard money is just what it is - sometimes HARD to pay back if your numbers are wrong - these are not friendly people.If your goal is to assign your contract - control is what you need to learn.

If you buy directly, and miss some obscure ownership interest, then you may not end up with full control.

Newark seems to have rent controlled buildings- not 100% sure if mine is. 

A single ****up will cause you to have written evidence that you promised something to a guest you cannot execute on, and grant them a refund.They already have programs that safely identify common questions and give boilerplate responses, so you can control the responses and ensure you aren't saying things you can't promise.What if a guest asks if they can do early checkin? 

Take control of your rental properties today and start seeing results.

I can defend the property from burglars and pests alike.