Personally, I'm glad for the people who have no net worth and spend all their money on BS.

Additionally, investing in real estate education through courses and seminars will help sharpen your skills.

(I had additional carrying costs from a HELOC, which meant I walked with around $45,000).Aquisition:We found this deal on a wholesalers website who we keep an eye on.

In addition to some of the great advice above, I would put some serious work into your personal household budget and building up a substantial (6 month) emergency reserve fund.

In addition, buying now is beyond what most first time home buyers can afford.  

However, so long as you're spending the same amount multiple replacement properties is allowed either way.

Additionally, my wife and I currently own a home in Encinitas, CA, that we purchased for $795k in 2016 and is now worth about $1.5M.

A few additional items to help you: 1) If you have a Roth IRA, a Roth IRA can't be rolled into the Solo 401(k), only pre-tax funds.

Add a pull out couch for additional sleeping.

I've spoken with my financial advisor and ran the numbers where spending 5 more years in my W2 sets us up for the future but it's taking all my attention and I can't focus on real estate, plus I’m miserable.