If you haven't already done, you might want to check out this site to see what Section 8 consider and will pay as fair market rate.https://www.huduser.gov/portal/datasets/fmr/fmrs/F...Also, you want to find out who your local housing authority is (cha.org) if the property is located in Chicago. 

That part is fairly regularly written about, so I think that is correct.But what I can't seem to grasp is why I would tie up funds in a Solo 401(k) after age 59 1/2 since it is all going to be taxed eventually anyway.

I thought this would most likely my best bet for rapid growth.My strategy is fairly similar to what you did, and I really believe a 3 or 4 plex would make things even better, but good deals on those are really tough to find in my area.

Although to be fair all those guru programs are generally a waste of time and money, so hopefully you didn’t spend to much money on that stuff.Second you didn’t mention it but you’re going to need money to wholesale.

Outside of the zone is not allowed although I suspect enforcement is fairly loose. 

If your mgmt company has good doors to manage, then I would say you will fair much better then managing low class properties. 

You might seee how he fairs on reviews.

The extra unit has a fairly new garage already built on it.

So my question is on these deals, what is fair for my share?

The Fair Market Value is about $700, but with Sec 8, I am able to rent out each side by significantly higher rent.