The law does not clearly define what is to be considered abandoned. 

You can take participant loans from the 401k, you don't need the additional expense and administration of an LLC to have checkbook control, and there is a built in-Roth component if you'd like to make tax-free investments.

There are tons of resources on this site to help. depends on your definition of wholesaling  our state Oregon does not agree with wholesaling as defined as advertising properties you don't own and your business model is to never actually own then or just double escrow them.I got tired of this debate so I got a flyer from 2 wholesalers and forwarded them to the state for enforcement.. if any ..

Thank you for pointing out the cultural component as well!

@Karina Torres regarding your goals, you'll want to define them a little more, 7-10 properties for passive income is a little vague, I would advise a few business models based on several paths forward.1) On the 7-10 properties, How much net income per property are you trying to obtain?

Did every major component and appliance get replaced during the latest renovation? 

What's not easy is defining for yourself what does financial independance look like. 

It does require self-employment activity, but has a lot of advantages: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

I am very happy to hear your decision to take action, it will be the defining moment of your journey.

Define "pay me for advertising"?