As for the convenience of paying investment related expenses, the Solo 401k could have checkbook control built in without the need for an additional LLC owned by the retirement account.

I am currently in the process of getting my CA architecture license and am working at a firm full time but quickly discovered the 8+ hour work days in hope to retire at 65 is not for me.

Agree, my long term goal is passive income and generating enough rental properties to retire, but given this specific circumstance and the huge return on flip with less than two months turnaround, the profit will allow me to put a down payment on 2 if not 3 other properties.  

This allows for you to contribute after-tax dollars to retirement up to $5,500 as well.  

I am a new investor and hoping to wholesale property for older/retired lady.

@Ryan Cameron, I have a few deals under my belt...buy and holds, but looking for a few more to manage and retire:)@Katie Heer, Working in Kensington and Fishtown for a few years. 

Is the target seller typically someone retired in 70s/80s?

In the last 25 years I have a friend who used the house-hacking idea to buy 4 properties so as he retires early next year he'll have a nice lil nest egg.

Hi Cheryl,I have had single family rentals in West Knoxville for years and just sold my first rental house on my way to retirement.

I too started to look towards Real Estate Investing as a way to build Wealth for my retirement, more than 30 years ago.