(Like fresh into BP starting last week). 

My wife and I were high school sweet hearts and fresh out of high school we bought the house and got married afterwards.  

I have talked with @Jay Hinrichs about this briefly, but I would like to see if anyone has any perspectives from the angle of a bank/lender. 

. - Is New Port Richey a nice area to invest from a buy and hold perspective?

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

I'd suggest writing down checklists and guidelines to follow next time while it's still fresh on your mind.

There perspective on their neighborhoods are invaluable.  

It is a desireable area... the units should be able to rent for about $650 and $750 (one has an extra room) and as fresh as it is i just dont like the $159k price point.

I do not desire to rain on your parade/goal but to add a reality perspective. 

I am hoping that even though prices will vary greatly from area to area, this might help put give some perspective on what goes into flipping a house.When we (my real estate agent and myself) found this property it was listed by the VA as a foreclosure for $45,000.