AND you must maintain adequate reserves to take care of the disasters that may happen.I agree with all the advice you've been given in this thread, and its a very powerful group of people who have advised you here.

It is off-the-grid and uses solar power exclusively.

Someday, I may need coaches, teachers, mentors, friends, like-minded colleagues willing to help each other, along with all the other people on my power team.

Gary, while Solo 401k plan is more powerful than an IRA - it is not for everyone.

Obviously I'm leaving out closing costs and lending fees, but you see the point and the power of it right?

I enjoy analytics and was playing around with historic rent appreciations in the DFW area as of 2016-07.

It really showed me the power of planning and the benefits of having the right tools. 

Also so often many focus on increasing income but the inverse of decreasing expenses is equal if not more powerful because it often doesn't have more cost to your residents. 

The guy who had power of attorney for the sale told me that the old lady who had the house kind of lost it and filled the truck top to bottom with household trash that had sat in the truck for years.

Here it goes...Will contributing to a traditional 401k to reduce my taxable income now reduce my W2 income essentially limiting my buying power for acquiring more RE?