I later learned that it may be possible to split the lot through an SB-9 lot split which may optimize the value creation.I would love to connect with community members who are planning / in the process / or have finished an SB-9 lot split!

Throughout the process, everything seemed fine until we got to a point where he kept pushing back closing because he didn't have the documents prepared and then when we finally sent them, he expected me to sign them without having time to have attorney review them.

I use Hocker Title -- they do off-market through the regular title process, but if something comes up that requires an attorney, there are attorneys on staff who can work through the issues. 

@Ashish Acharya and @Dmitriy Fomichenko  thanks for the responses.Currently, we are using the schedule C plan to fund the solo 401k, however, income on Schedule C gets taxed as ordinary income, which is a huge hit.Follow my thought process here for a moment:I form a separate LLC taxed as an S-Corp, lets call it XYZ. 

Get properly trained.Thanks for the honest warning.I'm aiming to those who are already in a pre foreclosure process and the auction is coming up next week, and they're literally looking for a way out and for someone to pay their arrears and keep the property  

During this process the late payment got reported to collections and I shortly after completed the payment.

I am going through the same process of getting some of my rentals into Section 8 now, but also seeing the disparity between market rents and the FMRs for Section 8. 

I figured I would come on here and ask folks on creative ways to utilize this alongside financing options to scale into the multi units space while not waiting another 4-6 year period to repeat the process.

You are simplifying the process into a paragraph, but there are about a million ways this could go wrong.

@Nick Shri if your PMC started eviction process for the tenants as you asked them to, then usually S8 caseworker stops rent payments.Of course, all this should have been explained to you when you asked to get rid of the tenants.