Generally, an inspector doesn't show up unannounced, with an appointment, for an inapplicable trade or component of a house. 

The two common choices for doing so are the self-directed IRA and the Solo 401k.The Solo 401k requires self-employment activity, but will allow you to take participant loans while the IRA does not.A few other Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)With either structure, it's generally recommended that you do not commingle retirement and non-retirement assets.

While this is sold as a benefit to the investors it is actually a detriment in bad markets.C) Partner on a Profit Sharing / Cash Flow Formula.

Although there are a few extra components, seller financing to me feels more fulfilling.

All components rotted with worn finish .Unknown foundation status , with uprights set on blocks and wood.

I think going out and snagging the deal alone would be more detrimental.

It's difficult to research cost of concrete, earthwork, accessibility and quantities of workforce that are so detrimental to their region.

Tenants can be amazing for years, but then suddenly become detrimental to you and your investment if they know they will no longer be living there.

Everyone needs to get educated anyway, none of us learned this stuff in school, so get to the point of feeling confident in knowing why you're going forward on any particular deal.I seriously doubt you'll find cash flow in Portland.Not sure the rent control laws in OR, but if they're anything like they are in Los Angeles, they can be detrimental to an owner, yes.

Just because a property is 100 years old does not mean the components are 100 years old.