Plan to hold this property for long term as it grants tremendous cash flow at an average of 5k per month.

If someone can help me understand this, it would be a tremendous help for me to move forward with solo 401k. 

Secondly having a RE agent that knew people helped tremendously I'm not from the area so having her helped out.

It will assist tremendously in tracking the transactions (bookkeeping).

Without having a tremendous network of professional contacts in my desired market already established, I'm finding there to be a little challenge in growing this network remotely, though I know this is an important aspect in getting to the next stage in investing.Lots more questions, but I'll start there. 

If you're fixing this to keep as a rental, I would only care about the things that were stopping me from making it a rental now, or could be so tremendously expensive or dangerous later that I would want to take steps to mitigate it now.

The wrong entity creation could cause tremendous headaches and unnecessary fees down the line. 

Im asking as I am realizing that of I were to include these additional expenses, it would make a tremendous difference in regards to my monthly cash flow.Thank you for your input!

We recognize that we are about to be blessed with a tremendous opportunity, and we want to be as wise as we can in investing it for our future and our kid’s futures.Thanks for your responses and advice!

Those that sat on the sideline missed tremendous gains.When the market is hot, the most important thing is not to speculate.