If you have any questions feel free to reach out neighbor!!

I am a RE agent, investor and developer in central Houston, feel free to reach out with further questions or if you need help finding land that works with your numbers. - Chris Kersey 

However, there is such a thing as a self-directed solo 401k plan which is very popular for those who are self employed.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.  

Why do you seem to feel so comfortable with the buyer, but are then asking the community what to do?  

I actually partner with investors on deals just like this so if you are interested feel free to reach out!

Any tips/insight much appreciated!

You may want to give them a per meal per diem or split the difference or what you feel you can live with. 

I have spoken to a couple property managers so far, but really need to talk to a few more to feel confident in my choice.

think bigger. we build a triplex that's very popular in columbus. for house hacking unless you want to live with your tenants or rent bedrooms out push the dwelling units up and run the numbers. as long as you can qualify for it 

Just trying to get started and feel, with the tools available, I may have found a good deal in my area.