It's important to have the advice and perspective of an industry old-timer, in my opinion.

This perspective is solely from years of experience managing mobile home park funds and working with the tax experts around us.All the best,Jack

Thanks for the rant, Chris ;) I get your perspective as well.

By the way I recently gave notice to tenants that lied on their application which indicated no perspective tenants smoked.  

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

He did not list any big money from a sale, so no idea where that goes.To put that in perspective, I am a passive investor in MF syndications. 

I wouldn't recommend subdividing them and putting utilities in. multifamily entitlement is much higher returns than subdivisions. just my advice but I have 10 years of experience in agency, appraisal, development, construction, from a national perspective but based out of columbus 

Interesting perspective. 

This produces a risk if rates go up as is being predicted.If you have excellent credit, and a conforming deal, with plenty of time to close,than a bank is always the best choice from a rate and fees perspective.

Hobby landlords tend to approach all aspects of the business from the perspective of doing as little work as absolutely possible in return forfeiting the higher profits.