The only problem that I find is that a lot of the properties I have walked through are in the 100 year flood plain, which quickly sucks up that precious cash flow.

The folks wasting there day on that nonsense are often the same people that wonder why they have not achieved their financial goals.Perhaps it's because they are squandering their most precious resource...Time.I like to think those of us on BiggerPockets use our time a little more effectively.

Light a candle, say a prayer, and remember every day is precious... we'll all end up in the same place eventually. 

The negotiations fell through, the seller waffled around for a week or two as precious time slipped away.

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business. 

@Precious Thompson,I use a pretty consistent 10/10/10 for prop management/repair-maint/vacancy as a baseline.  

That was the notice and I could move onward and upward without them causing me even more damages and more of my precious time. 

Something else to consider, if you don't have your RE license you'll be wasting loads of your precious time running around with an agent.

Cash on cash shows just how much bang for their buck they are getting for every one of their precious dollars.

(not bad).I believe all my facts are correct above.I have been buying in retirement community outside of Augusta Georgia (in South Carolina) on the Savannah River, there are about 4,000 home sites there with a couple of golf courses, community center, pool, country club, but only about 1,500 home sites have been built on, but all the homesites have been sold to individuals or investment groups over 10 years ago, so the Developer is no longer involved, just the local home owner's association.