Aware of any networking events/groups I should try to participate in?

No UBTI in a Solo401k.If you qualify for a solo401K it is a great plan, but not everyone qualifies for the Solo401K and if you have a solo401K, but don't qualify, there can be pretty hefty penalties in the event of an audit.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

, at that event's monthly lunch, or whatever it is. 

Also a great place to start would be attending as many networking events as your can.

Here are a few tips to help you on your journey:Network, Network, Network: Make connections with other investors, real estate professionals, and possible mentors by attending regional meetings, networking events, and seminars.

There are a number of guidelines the IRS has for performing a proper cost segregation study (which will pass in the event of an audit) Here is the link to that list on the IRS website:Cost Segregation Audit Technique Guide - Chapter 4 - Principal Elements of a Quality Cost Segregation Study and ReportI have never seen a DIY before, but I'm sure people do it.Depending on the size and type of your property the fee for engaging a qualified engineer-based firm to conduct the study can be as low as $3,000 (lower in certain cases), and the significant benefit created well outweighs the minimal costs.

We also plan to have a performance deed that will help protect me in the event he defaults and the property will be handed back to me.

A great place to find local networking groups is in the Events and Meet ups section of the forum.

That said, no CPA worth their salt would take a wrong position just because they think the chances of it being audited are slim.Interesting nugget - the IRS even has a form for disclosing to them in the event that you think you are taking a position that is contrary to IRS guidance - Form 8275 - and if you validly disclose your position on this form you can avoid penalties if the position is overturned.