If you have taken those plan documents to Solera and opened a trust account for your Solo 401(k), then you have a functional plan.Of course, the key to operation and usage of a Solo 401(k) is having access to appropriate guidance, so that you understand what you have, how to administer the plan, and what you can and cannot do as far as executing plan investments so as to remain within the IRS rules. 

The bad news is that it will be harder for you to execute your plan to raise rents and refinance, taking out the seller and recovering part or all of your down payment because the lower LTV that lenders will constrain you to will pigeonhole you.Another challenge to be aware of is that there are likely HOA dues—typically if only one unit is owned by a third party the HOA is formed and collects dues even from the developer-owned units.

But if you can come up with a game plan and execute, you will be see very good ROI.My property in Fruitvale is probably a good example for you. 

NZ and OZ are really vulnerable right now.

Love the idea of pursuing your home inspectors license - that will give you a unique perspective on your REI career.I'm not super familiar with the south TX area, but it sounds like you've given a lot of thought to your strategy and the neighborhoods where you want to execute.

If you buy the property, renovate it, and then need to refinance into a Fannie/Freddie loan then an executed lease would be needed to use rental income to qualify. 

You have to have an objective, formulate a plan, then execute. 

I have currently 13 projects personally and another 18 with my executive team of five.

@Noah Pruett- you lifted my spirit with your answer no disrespect Aaron I believe right now my best choice is wholesale cause It does require as much regarding founds now wholesale risky yes it Might be if you don’t know what you doing at any given situation always research, diagnose, Execute results I will receive positive thinking and playing cards right I must do.

The inspection contingency is a key element to the contract and almost impossible to execute without this feature.