Has anyone had success purchasing properties on sites like Auction.com and Bankforeclosuresale.com or other similar sites?

I have followed the site recommendation to obtain 3 different quotes.

This absolves the Company and Trustee of liability for investment performance (but not from liability for providing plans that are beset with fees: https://www.reuters.com/article/usa-401k-lawsuits/...).Solo 401k Plans come in many varieties: (a) the type that only allows mutual funds, stocks, etc., (b) the type that allows alternatives but doesn't give you direct control over your money, and (c) Checkbook 401k that gives you total control and flexibility to invest in real estate, private lending, etc. 

I am 61 years old and have dedicated myself to learning from this website, a couple other sites like YouTube, and I read a book about every two to three weeks.I spend about 10 to 12 hours a day, 7 days a week doing that.

Great that you joined the site!

I discovered the site after reading a Reddit post about an investor who had built a solid portfolio in a short time was sharing.

Milwaukee will look cheap to you, but my recommendation is to stay away from low income and high crime areas and invest in areas with better school districts, especially if you are investing for someone else, you want to make sure you are buying a quality asset that will perform well past year one.See you around!

Not sure that an american rental / investing site is going to be much help .these type of trophy properties are usually sold through higher end brokers like Sotheby's etc .Sounds like a cool place I have to think this is an easy sale for the local brokers or other types of brokerage community in the area.. 

Specialty firms typically referred to as IRA facilitators and advisors perform this type of legal service.If you qualify as self-employed and have no full time employees, a Solo 401(k) is also going to provide checkbook control, and as a retirement plan has several advantages over the comparable IRA LLC.

Once I am able to source a potential deal, I would work with a firm to perform the financial analysis such as creating the pro forma, underwriting financial models, partnership structuring, etc. in order to increase credibility on the financial side.Next is when I would be working with a legal team to draft the PPM (506c), Subscription Agreement, Questionnaire, and so forth.