Is the “1% rule” possible in Tacoma for MFH, without doing a major rehab?

Different states have different rules for Statutes of Limitations.

@Carla Young,Regardless if you are new or seasoned investors, regardless if you are using custodian or have "checkbook control" - you must understand the rules.

So far, it satisfies the 1% and the 50% rule, which I know only means that it is worth crunching the numbers more.

Just using the 70% rule, you should be trying to buy it for around $45k. 

While you are paying your 401k back, the downside may be that you are not investing the 401k funds in investments that could make a high return for your solo 401k plan.To learn more about the solo 401k loan rules, please see the following. https://www.irs.gov/retirement-plans/retirement-pl...

The general rule I've read is that you should pay no more than 70% ARV minus rehab costs.

Meeting the 1% rule (Monthly rent must be a minimum of 1% of Purchase price) and 2.  

(Rule of thumb suggests that falling below 1% gross return per month makes it increasingly hard to cash flow positively on average, when borrowing to the max).A similar question: Are you getting a bargain* (compared to sold comps)?

IRS rules are very clear: disqualified person is not allowed to receive any direct or indirect benefit from his IRA.