Also you mention he has an awful reputation yet you acknowledged in your initial post you repeatedly buy properties his brokerage represents...not quite adding up.

You've overcome the initial hurdle.

I expect to have at least a few decent applicants in that initial 2-3 weeks. 6.

during my initial first purchase at the closing room, I knew I had to get over this nervous feeling if I wanted to do 40 more properties to build my real estate empire so it was really easy for me!

PROS of a Solo 401(k) using a custodian: 1) Should you pass away while Solo is still active, or when you eventually need to terminate the plan and rollover to an IRA, much easier to open an IRA with that same custodian and initiate a rollover of the assets (retitling required at that time). 2) You have a custodian that likely offers some level of client support and education.

Although it may require a higher initial down payment to achieve immediate cash flow, the growth potential in Austin is unprecedented.

I own a high-demand business that I've been planning on selling anyway but that sale will take a minimum of 6 months, so I can't use that for the initial purchase. 

Also, I assume a 10% property management fee in my calculations and based on initial conversations.

Through connections with people in various markets, I was able to establish short-term rentals internationally, manage properties in different states, and diversify my investments in a way I hadn’t initially planned.A lot of these opportunities came from contacts I made over time.

And unlike some Midwest markets this positive cash flow is such that it includes realistic sustained expenses.How is this possible when west coast markets have poor initial cash flow?