I have 3 rentals and apparently i am too simplistic on how i evaluate purchases.

The general idea is beware of simplistic math in complex math situations.

Therein lies the power of the CoCr and related, as compared to a more simplistic model.  

Compared the simplistic "Trusts" I've seen elsewhere..

To me it represents a very simplistic and discrete point of analysis.

Once funds are received by custodian, fill out paperwork to direct them to divert funds to the investment vehicle of choice.I am assuming the 401k you are talking about is with a former employer, because if it is with your current employer then often they cannot be moved.This is a simplistic view, but I hope it gives you an idea of the process.I am in the middle of setting up my own SDIRA and it has been pretty easy.Ed

It's simplistic but it works for us.Agree you need some trend data on what others are charging, I gather Craigslist data weekly to have a good sense of what others are charging for what.  

Am i making this over simplistic?

When I said it didn't work for me I meant the simplistic 4 app wholesaling setup I was given.

I just attended Brokers continued education in Charlotte,NC on the topic of "real estate as an investment " and couldn't believe how simplistic the material was.