The snake behind the water heater during rehab. 

Their fill hose sprung a leak or something and hundreds of gallons of water poured into the apartment below them.

I can appreciate your frustration and have worked with hundreds of investors over the last 20 years navigating the more complex waters with respect to Self-Directed Solo 401(k)s.

As far as Lance Kawaoka's claim that the reason there wasn't much response to a post about checking on the quality of a large, well-known, super-markety sponsor is that members wouldn't want to declare that they are a high net worth individual just doesn't hold water.

As a sidenote I see people doing this and jacking up the price of the home to seller finance to above market value - if you do this you better be VERY clear with your investors that you are writing a $300k loan on a $250k property as if you do not you can get in some serious hot water later on down the line when doing valuations of the company. 

If you think there a leak have all tenants not use any water and find the water meter outside.

- Securing the property- Removing the waterIf your furnace was stolen, you may need to get propane heaters to facilitate water removal.

Put your best foot forward.For a water front house I always lead with the water.For you it could be the arcade room. 

The grout between the tiles allows a run off of water and a gripping surface for your feet.3. if you’re smart, use durock on the walls too, right up to the ceiling.

@Breeya Johnson the entire market currently is in a cooling cycle with price declines and inflated expenses like property taxes and insurance.