What is the regulatory environment where your property is located - is it legal?

I also like to recommend Cohen and Dube's "Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor" ... it is a good reference over all, but it is a decade old now and could use a refresh to incorporate regulatory changes. 

I would rather spend the relatively insignificant (in the grand scheme of things) money on the attorney to tell me I'm good to go, than have things go south a few years in and have regulatory authorities on your case.

For regulatory reasons, they are specifically prohibited from providing exactly the kind of legal and tax advice you need to self-administer a Solo 401(k) plan.  

The oversight of the TPA is the responsibility of the custodian.Custodians are generally a state-regulated trust company that is subject to direct regulatory oversight. 

Look for the post about CO and the announcement by their real estate regulatory agency concerning these ripoffs.

See FL statutes 475.42 and 475.43.Also here is a guy that can help if you need him:https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.html

First is whether you would be able to run your business from this location from a regulatory perspective. 

With this FHA loan, you'll be giving up a lot of control to the lender, cutting your cash flow significantly, a ridiculous ~4.5% annual Mortgage Insurance payment, will be subject to annual audits and regulatory costs, and high up-front fees with long closing periods. 

@Daniel Liska in MI, a property management company must be licensed, so you could reach out to the department of licensing and regulatory affairs to file a formal complaint.