You will have negative cash flow and will only be able to rely on appreciation to profit....extremely risky.Additionally if plan A is a serious option for you then you are a very low risk investor and may want to reconsider directly investing in real estate and may be better off putting your money in a REIT.A investor, assuming they have the ability to move, would sell the CA property and move their money to where it can actually produce positive cash flow.

Is it possible to roll a portion of the old 401k into a Self Directed IRA and roll the rest into my new employers 401K program?

Can anyone direct me to a agent or company that focuses on this type of property?

Entities are mainly used for asset protection.However, some would argue that by structuring you will lower your chances of having an audit of your taxes due to the lower ratio of audit for entities compared to claiming it directly in your 1040.If you are using a multi members LLC taxed as a partnership, this LLC will only file an informational tax return (1065) and each member will pay the taxes on their own tax return, based on the K1 that the LLC provided them.

Sounds like you're already familiar with real estate and working in a positive direction on your career.

Please shoot me a direct message and I will get back to you as soon as possible. 

I'm new so i'm open to any sound advice and suggestions on what I should do to change deal or to move on to a different deal all together.Thanks for the help to anyone who replies :)*This link comes directly from our calculators, based on information input by the member who posted.

If so, then can anyone point me in the right direction?

Is ther someone out there who can give me directions how to get my feet wet or how to get start?   

View report*This link comes directly from our calculators, based on information input by the member who posted.