If doctors could practice medicine after reading a blogpost or attending a guru seminar, doctors would suck too. 

@Eugene Lee I'm a CPA but no longer practice tax.

Even though it's unlikely I'll meet anyone investing in the USA market (I expect mostly local investors), it would still be great practice in introducing myself, saying who I am and what I do... a confidence builder, hopefully! 

@Jonathan ThompsonAnother item to keep in mind is that all of your self employment income from all sources can be aggregated for purposes of contributing to the Solo 401k.Here is an except from an article written by Calcpa.orgWhen a self-employed individual maintains more than one trade or business, the questionarises as to whether the limit is based on the sum of earned income or loss from all trades orbusinesses under common control [as defined in IRC 414( c)) as modified by IRC 415(h)], or ifonly the trade or business maintaining the plan being tested is used.For purposes of the IRC 415limit, earned income for the self-employed individual is based on the sum of the earned incomefrom all the controlled trades or businesses, regardless of whether the related employer maintainsa qualified plan [Reg. 1.415-2(d)(6)].EXAMPLE: Andy, a sole proprietor, operates a law practice as a sole proprietorand has $100,000 of self-employment income from such practice for 2008 (prior tothe reduction for one-half of self-employment tax).

That will give you some practical experience that you can use to apply and accelerate your own portfolio!

@John Thedford  I could see an ambulance chasing attorney following a lender who has this practice and then repping the trustors in an action for lender liability claim.

All lenders have pretty similar formats.I feel that it is a best practice to maintain it monthly...helps focus attention on making decisions that increase net worth.

But other than that one practice, I love owner financing.

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

No choice.Can anyone else confirm this or give feedback on best practices?