Do transfer direct to avoid fed 10% withholding.My CPA does not want to assist me in any aspect of my Solo 401-K. 

It is a great place to meet new friends and learn about various aspects of real estate and more.Read Beginner’s Guide to help you get started: http://www.biggerpockets.com/real-estate-investingGood luck on your journey!

And it took me another couple of years to realize that that same concept didn’t only apply to fitness but to all aspects of life.

I just feel like having the 40,000 taken off of the bill, so to speak, would allow me for one, and then the property management aspect, taking that off my plate as well.

Your investment may be impacted by regional laws, difficulties with property management, and market fluctuations.Considerations:Personal Preferences: Evaluate how comfortable you are maintaining a property locally as opposed to overcoming the difficulties associated with investing out of state.Financial Objectives: Clearly define your long- and short-term financial objectives.

You will need a lawyer.You will need an appraisal.You will need a home inspection.You will need title insurance.You will need a contract with the Seller.You will need some sort of partnership agreement if not a bog standard common law agreement as defined by your state.You will need a survey.You will need to heed the advice of the attorney in whether you need any other documents, and in what any document must provide for.You will need to have in your above documents what happens if you don’t like what is revealed or if there is a failure to get a document.The presence of a real estate agent is irrelevant to those things.Do NOT focus on saving the commission.

That allows me to generate a high and low estimates for each aspect of my overall rehab plan.

I would focus on defining my goals first.

NDA for not discussing certain aspects of the property yes - but in this case it was specific NDA noting you could not disclose you are an investor. 

Check out some of things happening in Detroit in 2024:https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/Your first question shouldn't be WHERE to invest (that is #2 question), but HOW you will invest!