I read online that they primarily look at DSCR and operating income.

Hi Marcus,I am not an attorney, nor do I play one on television, but hope this may be helpful in leading your in the right direction.First off, check you landlord tenant laws on abandonment/move out etc... laws before proceeding.

This is a commercial property and not a primary residence so how does the capital gains play a part here?

Some advice I've seen online is to just network, get a part time job in the industry such as property management and continuing to read and learn then make the jump once i graduate.

There are two ways to play.  1. 

I have read forums/blogs and almost bought a program with a guru online.

I am considering playing the long game with this property.

., 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've done a fair bit of research (online) for what to look out for and what to avoid when talking with the New Construction Sellers agent.I have zero experience in dealing and negotiating NEW construction deals though.  

I'd like to place extra emphasis on the 45 day time limit - which will be the biggest factor influencing your decision.If you have 285k of equity to play with, you're looking at either buying 1 larger multi-family property or several smaller properties, likely amounting to close to or in excess of $1M worth of property.