Don't assume a meaning because the offering docs can manipulate the components.

It can also provide you with a nice cushion personally for any unexpected short term financial burdens (as long as you have a plan to pay it back quickly - because you don't want to use it like a slush fund)

Make sure the foundation and the wood components sitting on top of the foundation is solid and not rotted out.

The current value of the home is now 290,000 (2021); When I have finished the new kitchen and bathroom components, I believe it will appraise between 360k - 410k, depending on timeframe.

Did you find it difficult to analyze properties, understand the loan options available, organize the renovation process, or perhaps master the property management component. 

Did you find it difficult to analyze properties, understand the loan options available, organize the renovation process, or perhaps master the property management component.

It's very tempting to just want to keep buying, but either save your profits or contribute your W2 income to make sure you have money for the unexpected roof/furnace/leak/etc.

It was necessary and worth it, but be sure you have a comfortable amount of extra cash on hand for major unexpected surprises like this.

Always have extra cash for the unexpected.

Built-in Roth components, spousal contributions, and an additional tax exemption also apply to the Solo 401k.