I simply heard of a tax concept that I thought might be applicable to what I’ve already completed, and came here to learn more about it before wasting my CPA’s time.

I would recommend minimizing spending on other items and extracurriculars with part time employment that would together total $1k a month which would could dedicated to debt pay down.

I guess i was just concerned that it would be harder to rent and the cash flow is minimal.

If you are buying a new build you probably or going to have minimal repairs and CAPEx expenses. 

Is there a better strategy to acquire a property with minimal up-front costs?

I already max out this 401K every year but want to put away MORE pre-tax dollars, can i set up a personal Self Directed IRA, in addition to this 401K, so i can minimize my weekly tax bit.2. i want to buy RE through my 401k, which is not allowed, so this is a second reason for wanting to setup a Self Directed IRA personally.With the above notes, if you do this, has your employer given you any resistance in setting up pre-tax dollars to be sent to your IRA?

@Jody Hodges, that isn't the best area, as noted above... but not so much because of the crime, although that is an issue, but from a numbers perspective, houses in that area were going for 30-50k just 2 years ago, and now that investors have gotten wise, they are making minimal repairs and reselling for much greater amounts.

I've wasted a ton of money on ppc, and don't want you to do the same!

Unless you are creating some kind of world vision - think the Teslas, Googles, etc - the arrangement is almost purely transactional; they are looking for maximum dollars for minimal work, and you are likely looking for the opposite.

Without experience, I wouldn't waste my time.