Solo 401k plans are often quicker to setup and cost less money over time compared to most self-directed IRAs.If either the IRA or 401k are to obtain financing for a purchase, a non-recourse loan is required.

When I asked why a seller would ever accept this, I was told quite emphatically the property requires work and therefore nobody can obtain financing so the proposed terms were the only way the seller could sell the property.

On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.

In our area, obtaining zoning is also a big pain requiring zoning board public meetings.

While we are waiting for the ADU to be built and to obtain our first multifamily property, we are going to start renovating his current house to make it ready to rent out.

Additionally, I own an adjacent parcel with 5 acres of coffee and have obtained permits to operate an agricultural tourism business there, with entitlements to build two more dwellings.The estate is situated within a gated community, and while it’s a remarkable property with a lot of unique features, I’ve encountered some pushback from the neighbors, which has made me reconsider my position here.

Additional relevant provisions in the contracts:"Title Evidence and Insurance: a title insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as exceptions attached thereto ("Title Commitment") and, after Closing, an owner's policy of title insurance (see STANDARD A for terms) shall be obtained by the Buyer. 

The more experience you get, the better terms you are able to obtain, and the process is often easier and faster. 

Due to the location (southern LA) the only property insurance I could obtain is through the state's FAIR plan, which does not include liability.

I explain the eviction will impact their credit score which will impact all loans and their ability to obtain nice housing in San Diego.