Negotiating...I believe if more wholesaling "gurus" emphasized this tactic, there'd be less stress and heartache for wholesalers..Let's face it, some people who get into real estate via whatever strategy aren't great ...

Some clients save thousands of dollars a year with a Solo 401k compared to a self-directed IRA.Here are a few of the Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You can take participant loans from the plan.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.

@Angelo Caruso I would determine your reserve based on the age of the property, the age of it's most expensive limited-life components (roof, HVAC, oil heater?

My plan is this will be my 'start retirement' property :-) I am going to do my standard 25 year amortization loan in case I run into any unexpected things along the way, but use the projected cash flow on this property to apply all of that to paying down the mortgage early.

Anyone know of anything unexpected that I might run across In a new construction duplex(VA purchased) that would make property management a necessity?

My husband and I decided to start the business when unexpected medical expenses derailed our early retirement plans.

Fun to make that unexpected connection.

I think I paid about $2,000 total for wiring and other components.

Or maybe she needs a lump sum for unexpected medical expenses.

Both would inevitably have an impact on your cash on cash return and all components of your CAP rate, correct?