Shouldn't be any extra taxes involved.

The title attorney involved had open communication with all parties on this and an addendum was added to the contract stating this.   

However, my work involves a lot of late nights and it’s starting to take a toll on me, especially with two young children.  

@Jamie Banks The issue is as far as I know almost all Leases when ALE types of companies are involved the  insurance policy holders are listed as the tenant.

My process involves two steps.

I have very rarely sold a property over the last 35 years and the income properties I hold now cash flow very well with not to much effort involved.

You will need to find partners, you will need to travel to where you wish to invest, you will need to understand the ins and outs of the business by being actively involved and treating it like a business and not some super passive investment.If you don't want to do that work I suggest you just put that 200k into some sort of diversified mutual fund that can make you 10+% on your money without any of the work of real estate.At the end of the day this is just my advice and I'm only a stranger on the internet.

It involves much more than collecting rent or throwing up a Craigslist ad every blue moon.

@Claude Diehl Selling a Solo 401(k)-owned property with owner financing is legal but involves compliance considerations.

I hope it works out for all involved.