Your mention of using the solo(k) for down payments on real estate investments could end up being prohibited depending on the details and structure of the investments. 

And while we are on the subject, it is smart to protect your assets by using advantages that company structure offers.

Between forced appreciation on general improvements on the property and the capacity to add an additional residential structure, the sky was the limit on value growth.

Most times, the due diligence period is used for you to bring out your inspector to physically test the property (environmental, structural, roof, etc.) 

No tenants to hassle with and no structures to worry about.

You'll need a corporate structure set up and, if you plan to get any financing, you're probably looking at 65% LTV maximum.

Just make sure you have a consistent policy for expensing items under this threshold, as the IRS looks for that consistency.In your case, if the Polyurea flooring is just making the garage look nicer and not really improving the structure or extending its life, you could argue it’s a repair.

I’m not scared away by the water and the structure appears sound and safe. 

I'm sure I could apply what I learned in the class to the format and structure of my REI plan, however, I decided to base mine on what is taught on this site as it is directly related to investing.  

I am looking for tips on structuring a rent to own deal.