@Brian Simpson - We're considering a property for much the same purpose, a crash pad for military members on TDY, if you will.

The tax consequences are severe.The purpose of a Solo 401(k) is not to provide you with any access to this tax-sheltered retirement savings. 

Custodian of SDIRA accounts needs our annual asset valuation for their tax purposes and I have received conflicting advise re: how to properly report.

@Darius Pasilaban  What is the purpose of multiple offers? 

Since this is essentially a way of paying principal early, you could achieve the same type of savings just using your emergency fund / extra income to pay down your principal early, but most people don't have the savings or want to use it for this purpose.

Its very possible she knew she was getting nothing back and gave you the wrong address on purpose hoping for this outcome. 

@Scott Sambrook conventional (Fannie/Freddie) underwriting standards only require 6 months' seasoning before a new appraisal can be used to determine the value of a property for refinance purposes, but in my experience most lenders still want to see 12 months of ownership before they'll play along with that.

I am looking for an attorney that would be interested to pursue this on an contingency basis.I am also continuing to run into this problem over and over again where the asset manager at the bank is delaying the ordering of the CU inspection report (on purpose) until very close to the closing date. 

Thanks.So for my purposes, would the $434 from my screen shot be my "net rental income" (assuming 0 income tax).

If your reason is any purpose other than accumulating wealth, then an LLC may not be as important to you as an LLC is to me.