I've been in the business since age 19 (on the management side), and I've been a broker since 2009.

What did the inspector say about the condition/age of the HVAC and water heater/ roof?

My goal is to not be a "shark" in this industry but i just want to have everything running by a certain age then relax.

I spoke to my dad about locating money lenders and he told me I'm wasting my time because no one will give me any money if I don't have an income.Secondly, the people close to me are telling me that most of the money lenders are probably scammers, trying to take my identity, so I cannot trust anyone, And thirdly, my dad is telling me that because I am 18, I am at no legal age to sign any formal contract for any loans..

Looks like you are off to a good start especially at your age.

That's perfectly achievable and  viable escape route, especially at your age. 

The owners are being offered cash, and they are at the age when they would rather have the money than the asset@Russell Clark Why don't you ask if they are interested in selling, then work from there?

Agreed with @Ben McMahon .... impressive that you have 11k saved up first of all at that age.

I traded some private coaching for his son in order to be able to purchase any multifamily unit of his that he has procured in a recent buyout from another aging investor.

., 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.)