Hi @Caleb Bryant, I’d be super interested in understanding why you think SFR is the best opportunity, I.e., better than multiple-family rental, in Huntsville area as investment opportunity.Thanks for sharing your thought process. 

I understand that.

But even if we can get to that understanding, it will still vary a LOT by market.

. - Tax planning for 2022 and future years - Want to understand implications of doing STR and material partcipation rules. 

@Russell Brazil,I understand your point about DTI, but I was thinking more about the fact that we would exhaust a significant part of our savings to buy the multi-unit first and would likely have to save extensively for a couple of years in addition to what we might cash flow from the multi-unit to have enough to buy our single-family home next.

Hey David, I can understand your dilemma.

What you propose to your tenant is reasonable but understand that what she might be claiming down the road is likely to be quite blown out of proportion financial wise.Gail

I understand everyone has their own opinions and preferences but please hold off judgement.

We always suggest being prequalified before purchasing a property since that will help us understand our numbers.  

You need legitimate self-employment activity or business with "earned" income to be eligible for a Solo 401k plan.You can't contribute passive income from schedule E, but earned self-employment income from schedule C is eligible, so your understanding is correct.