I would love link up with you.

Then find a realtor.The realtor I used for my purchase basically just linked me in on his MLS.

See the following link which explains the 401k loan rules.http://www.irs.gov/Retirement-Plans/Retirement-Pla...Also, here is some more information.The Solo 401k loan term is 5 years for general loans.The Solo 401k loan term can be more than 5 years not to exceed 15 years if used to purchase principal residence for you as trustee/participant of the Solo 401k.Solo 401k loan payments are made either monthly or quarterlyThe interest rate for the solo 401k loan is either: A certificate deposit rate plus 2 percent or theprime rate plus 1 percent. 

@Kelly - Below, is the link to a helpful guide found on BP.http://www.biggerpockets.com/renewsblog/2013/01/27/tenant-screening/

@Scott JohnsonThe following is a link to a fillable, printable, and savable Vacant Land Contract PDF from the Florida Association of Realtors used by almost everyone. 

Here is a link if you have any questions let me know! 

Here is a link for more information. 

Thank you so much for those links.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site.http://www.biggerpockets.com/starthereSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions,take action to snag your first real estate investment deal if new or add to yourexisting holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

Detroit City is clearing thousands more.In the thread linked above I link to an article that says the apartment vacancy rate in Detroit is 3%.