So many people want something for nothing here, Im not talking to the OP, or anyone else here per se, but how many times do people tell someone here to "just take a contractor" to a bunch of properties they don't, and probably wont own to "give an estimate" for repair costs.

A Solo 401(k) is not "under" anything, per se. 

SE taxes and the ability to deduct expenses will also throw off this calc. 

Five-Ten minutes from Smithville (NW), Kearney (NE), I-435 (SW) and I-35 /Liberty (SE) in Liberty, MO.

Mina,  SE Florida RE market is bit hot at this moment many people are buying/flipping properties and their inflated asking prices are NOT what investors seek and need!  

I looked at the pro se small claims court website in my area - which is 45 minutes away, and it says that ALL cases are referred to mediation.

If you are talking SE or near "B" Street, I wouldn't do it.

Make sure your review California sources as there are very specific regulations and procedure you must follow. http://www.dca.ca.gov/publications/landlordbook/se...That's california law.

I focus in the SE quadrant of Indy.  

It sounds like you make enough income where the accountant will easily pay for him or herself.When you are getting paid 1099 income, on your tax return you are treated as a sole proprietor, and are paying SE tax of 15.3% on top of your normal tax rate.