It does require self-employment activity, but has a lot of advantages: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

This is a conversion of a sfr to a triplex and includes design, construction administration, city L&I permits and zoning, and much more.Any other architects want to chime in?

Since there is no will do you know if the administrator has already been appointed @Huy Truong?

To pay a fee is not illegal, consider it administrative/consulting.

Administrator, and so on.Prior to making any decisions, it's best to first assess all the options.

I started out working intense physical jobs and eventually put myself through school; I have just finished completing my associates degree in business administration, which is how I was able to work my way up and out of production. 

I plan to get a few other quotes but I have no idea if this is typical.Processing Fees $495.00Underwriting Fees $695.00 Loan Administration $58.00Fee Discount Points $719.20 Appraisal $515.00Title - Wire / Courier Fee $85.00 Settlement Fee $550.00 Lender's Title Insurance $450.00Recording Fees $90.00Realtor/Broker Service Fee $395.00Tax Prorations $1,500.00Total Estimated Closing Costs $5,552.20

The security deposit covers borrowers credit check and basic administrative costs before the loan transfer will be initiated".Any thoughts on this maneuver?

We will have to go through probate to become administrator.

Sometimes larger brokerages will have assistants to help with administrative tasks and transaction assistance.