You initiate the trip before the property was purchased, so it could be something that needs to be combined with all the costs of buying the property ("capitalized") and then slowly depreciated. 

A good broker can be very helpful here, and may also have good GC reco's (who rarely have claims).  

Having invested this work they are far more inclined to show; in fact it is extremely rare for an applicant to not be there and on time for our showing.

This is the combined net worth of the partners, not each individual.

Combining my refinance and sale proceeds I had a total profit of about $24,500! 

Another key concept is that your first system is rarely the best or most efficient, so always be willing to adjust as needed (but don't change every time you hit a snag; there's a fine balance there).

Actually filing a lawsuit is more rare and much more expensive.   

My dilemma is my 401k of 90k that I'm eager to take out without penalty to invest in real estate, however I'm thinking after adding all this up in one years total combined income we will be severely taxed.

It's possible, but rare and generally looked down upon in the industry.

If you don't have enough Solo 401k funds to purchase the property as an all-cash deal, you can combine your Solo 401k funds with non-recourse debt to purchase the investment property.