Was your loan based on just the purchase price or the total project cost? 

We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.

There are a variety of guideline requirements we have to consider based on the property itself or even the loan type.

Yes, as S-Corp owners deferring salary into a Solo 401(k), you must still pay FICA taxes (Social Security & Medicare) on the deferred income since FICA is based on W-2 wages, not taxable income.

PM me you're number if you'd like.I don't have any "opportunities" or property for sale or rent at this time or anything else to offer other than info based on my experience.

Saturday is the only day that works(this week or next whatever works for you).Just based on face value, I prefer to invest in locations that borders the county line (21218, 21215, 21213, 21212).

I believe it's because the property is being sold "as-is," and they are unwilling to make repairs or negotiate based on findings.

Don -You've got quite the fan base here on Bigger Pockets all wishing that you have a positive outcome. 

He is based in Indianapolis and works with a ton of OOS investors.

I would recommend fixing it and then determining whether or not to sell based on cash flow and profit after the sale.