This is pretty informative discussion that you may find beneficial as you sort things out:https://www.biggerpockets.com/forums/51/topics/527...There are several of us who specialize in Solo 401k and are active here on the forum, you should reach out and speak in person. 

If you buy a loaded mutual fund (Like Dave Ramsy does) then turn around and say you beat the s&p 500 by 1% per year on average, you have to also say you started with 5.75% (the load or commission) less going in. 

I can get 8 pct pretty easily these days in diversified mutual funds. 

This will work really well with larger multifamily, but it can be beneficial at any level. 

They tent to limit your investment choices to conventional investments such as stocks and mutual funds.To set up a self-directed Solo 401k you need a specialty provider firm, there are several of us who actively participate on this forum and can help you.

I guess if both parties mutually agree to extend it'd work(?)

I would like to come back to him and revisit the possibility one more time but I don't know what to offer him.Can you please help me with common interest rate, term, down and anything else that may be beneficial in getting him to be more interested.Do I need to increase the purchase price?

Does anyone have experience with receiving more beneficial loan terms having an LLC?

I have spoken to many of the huntsville investors/realtors individually but it would be fun to just meet everyone in one virtual room and I am sure it will be mutually beneficial for all of us.So if you are interested then please pm me with your email id and I can set something up in the coming weeks based on the groups availability.

Jordan your additional insights on West Chester rentals in general are really beneficial for me (or anyone) learning the ropes by analyzing deals in areas outside of more suitable neighborhoods and price ranges.