If you are planning on building equity without going through the process every so often, I would be searching for something that you can hold for the long term.

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

What's holding you back?

There's some issues buying there for buy/hold and getting cash flow with rent control.  

(zillow has $1600 lol).Anyway I am thinking about a subject to purchase, get some tenants in there and hold it....forever.

I’d love to hold a convo with you sometime thanks!!!

@Jim P.While both solo 401k participants funds may be held in one bank account, from a long-term planning perspective, distribution, planning, and audit perspective, it may be best to hold each participants funds in separate participant accounts. 

My husband are have only done buy & hold so far in Statesville area.  

Quick question before I give advice -- based on the cost numbers ($28K purchase, $50K rehab, additional $15-20K rehab, plus any purchase/holding/selling costs), it appears that there's a good chance you're going to break even or lose money on this deal.Are you prepared to do that? 

Personally i'm looking for buy and hold opportunities but i work a full time job and know i couldn't do it on my own.