Working with a good team of real estate agents and star wholesalers will be key in achieving deal flow.Finding deals is not as easy vs. 10 years ago.Another crucial component is having a commercial portfolio lender who can refi your money out. 

After you do enough you will be able to do it yourself.And as @Jody Schnurrenberger recommended I always have properties professionally inspected.J Scott breaks down all the components and provides a checklist that you can take to your local big box store to find prices.  

If you're eligible for a Solo 401k, you'll pick up quite a few benefits compared to the IRA LLC: 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 :)

Finally, there's a loyalty component.

Your mortgage on $60K at 4.5% is $300/month and the interest component is only about $220 to start. 

Was there a lightening strike as the electrician suggested that burned out the components, I don't know.  

The SBA I believe has some rules around a residential component of a property.

Insurance with a CV component can have a key place within a particular advanced REI strategy, the appropriateness of which, to your situation, I can't even begin to help you assess on a public forum.

The crucial component is having a good attorney or title company handle it. 

For turn key real estate, the different components of return - cash flow, tax benefit, debt paydown and long term appreciation still hold true.