When I mentioned to Charles Schwab, they said they don’t allow solo401k to purchase individual properties, only real estate investment funds. 

Renovated each unit as they opened up which created additional value through increased rents.

Would there be any issue having each of them on individual leases?

Kind regards,MattOne additional side note, I did create an LLC which I am running the STR beach house out of.  

I would like to create an LLC and transfer both properties into the LLC along with a cash contribution for working capital.

Extremely low vacancy rates, very low turnover, maximized rent trough improvements, create high resident satisfaction etc - all add up to a critical advantage over a 10 year period.I feel lucky that have landed in a market which had both cash flow and appreciation over the last decade. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

I established an LLC for future use, not initially as I understand it can create some challenges if not well established.

Those are more questions for a cpa on structure and the attorney for liabilityBut as mentioned you will need a good sec attorney and to create a reg d offering will run you $10-25k, if you went reg a they will run you six figures and has a lot more compliance and costs attached to it

So where you invest and what you invest in is an individual question as to what crap or not do you want to put up with for a yield?