(d) retained earnings from depreciation use to lower tax burden. 

PROS of a Solo 401(k) with no Custodian: 1) Freedom of checkbook control, ability to more easily move funds in and out of a bank account in the name of the Solo 401(k). 2) In some cases, lower fees. 3) Ability to more easily link your Solo 401(k) to bank account systems like rental property management systems, or if investing in real estate syndication platforms. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I understand they purchased their property bit earlier at a lower price, but the difference shouldn't be so significant.

If you are having that much activity but cannot find the right tenant than you will want to lower the price just slightly to entice better tenants OR you can relax on your qualifications.

That way your purchase price will be lower and your debt will be cheaper due to inflation.  

Than AFTER that base-line cleanup action is done which part of it is to establish access for all others, than things get into the next lower level of details. 

Could you not put a lower amount down? 

We took the reverse action and started lowering asking rents until they moved.I suspect the reason that one property of yours turned quickly is because your asking rent was very favorable vs. local competition. 

I have supplemental insurance so I am of the mindset that they should get rid of this bogus insurance and lower my host fees..