If I sell, it will also improve my DTI ratio and increase my borrowing capacity.

If I sell, it will also improve my DTI ratio and increase my borrowing capacity.

Rents and expenses are as follows yearly:Income at full capacity = $218,280          Vacancy (10%) = $21,828         Effective Gross = $196,452Expenses:Taxes = $11,924Insurance = $6,180Electric = $6,100Trash = $900Gas = $3,736Management = $15,716Mantenance = $9,000Water/Sewer = $6,370Municipal Fees = $1,125Advertising = $609Rental Fees = $2,500Cable = $1,815Extermination = $1,100       Total = $67,075Income = $129,377        Total debt payments = $68,052Net Income = $61,325Keep in mind, rents are low for the property and should be raised by an estimated 14k/yr.

If you were to go the probate route, you need capacity, powers and authority (the 'CPA's') to do so.

Got into the property and tore up the false floor and behold, it was rotten from the ground up and ended up being a tear down, which was beyond my capacity and experience level. 

The loan's strength depends on a couple ideas:  (1) the strength of the underlying tenant and terms of the agreement (2) the financial depth of the trust to capitalize debt service in the event the tenant goes delinquent or defaults (3) the capital capacity of the trust to turn the use over to a new tenant in the event the current tenant vacates for whatever reason.  

Learning to grow your income and your capacity to make your money work hard is a big deal.  

I appreciate the help and hope to give back in some capacity to you all!

Which is more important to you, reducing your carrying costs, increasing your borrowing capacity, or increasing your liquidity?

@Heather GipsonAs to whether to make part of your plan Roth or not, that is typically best addressed by your licensed tax advisor, and will hinge on a lot of factors related to age, income, investment goals, etc.You cannot rollover existing Roth IRA funds into a Solo 401k, so anything you do with a conversion from tax-deferred funds to Roth status should be after the setup and rollover of your new plan.You will have one 401k plan, and within that plan the capacity for two sub-accounts.