As far as the low pressure, as I suspected the main water valve was not fully turned on.

Total Purchase price = 500kGross rents = 102k/annually (when fully occupied)My main question is this:Should we go for a loan through a bank (commercial mortgage w/20% down) or a private/hard money lender?

These are fairly common and, as a bachelor, would make an ideal area for me to reserve for personal use while the main home sees both personal and rental use.4.

What is the main occupation for majority of the folk there ?

@Vick Galu yea, I mainly cold call as of now .

If you're self-employed, the Solo 401k plan will likely work better for you.A few Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.The Solo 401k can allow you to borrow funds from the plan, unlike with IRAsYou don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.

Main issue now is financing cost.

@Dmitriy Fomichenko in regards to 'converting' traditional funds over that are already in my SOLO401K to the ROTH component, if those 'funds' are say a rental that I paid 100K for, do I need to get an official appraisal of that property to covert things?

So recently I took a new job for 2 main reasons. #1, the money is pretty good and will allow us to scale up our rental portfolio faster. #2, the work-life balance is great and I technically only work half the year and while at work I have a ton of down time.

My main concern was the complaints from others.