NC market is hot and I'm actually looking at Greensboro, Winston-Salem, and even SC, GA, and DE.

Take ABBV, its D/E is 50%, or 33% D/EV.

Keep in mind that the bank's role is limited to simply providing the account (i.e. no tax reporting, no recordkeeping, etc.) such you may wish to de-prioritize familiarity with Solo 401k plans and focus on other things that are important to you (i.e. branch locations, fees, etc.).If you want the ability to invest in stocks, mutual funds, etc., you will need a brokerage account.

Quote from @Paul De Luca: @Alex SkegOn the spectrum, NNN leased properties are considered less management intensive but as @Zach Alms pointed out you still need to make sure you're meeting the lease obligations. 

Don't forget to check out the de minimis safe harbor rules though.

I currently have an LLC in Delaware, live in California and am in the process of purchasing out of state.

Dolf de Roos's explanation of good debt your tenants are paying for you.

I have read some on the forums about de minimis and a $500 threshold per item/invoice but am still uncertain of the proper tax treatment.These would be tools such as a small compressor, wall texture sprayer, hammer, pry bar, chalk line, broom, safety glasses, multi tool, trash bags etc etc.  

@David Goossens Since it's above $2,500, we can't use the De Minimis Safe Harbor.

There is a de minimus exemption for assets under $2,500 though so you can expense them in the year purchased rather than depreciate.