@Mark SpritzWhile in the the year that you open the solo 401k plan you need to be merely pursuing self-employment activity (see IRS Publication 560 which lists this specific language), it is important to note that generally in order to continue with the solo 401k plan you must continue to to perform "material services" with the intent to generate earned income from self-employment.

If it is surrounded by single family homes, then it is not likely.

I'm looking into renting out multi family units or single family units to create a passive buy and hold income for myself that will help my transition out of the navy within the next 3-5 years.

BP,My name is Corey Donahue and I've been in the single family REI space for about 15 years.

Are you looking at single family or multi family?

We have been purchasing single family homes in cash around Denver and Colorado Springs and have kept a steady pace of about 15-20 deals per month.  

Hi @Ken Virzi,I advise anyone that buys single family to make sure they have 6 months in reserves for their family AND $10,000.00 in reserves for each single family for when Murphy's law raises its ugly head. 

Looking to invest in real estate starting with single family with the goal of eventually have long multi family.

Currently searching for a Single Family Home located in the Newport News, VA area.

Florida only has two possibilities, namely single or transactional.