However, the solo 401k plan permits an in-service distribution of such amounts upon attainment of age 59 ½ or upon a Hardship.https://www.irs.gov/retirement-plans/plan-particip...

@Omar KhanCould you also pm me about your services, I'm I'm in Dallas and have 60k to invest asap.

IMO, that's the simplest way to get started for service members.

It will likely depend more on the property's debt service coverage ratio than on an arbitrary percentage. 

My Contractor an I visited both properties and he provided the quote for services and materials.

Also, it creates value as properties are improved and a service is offered.

The difference is simply on the investing side, and the capacity to invest beyond just the public exchanges.

Property management and cleaning is key - since you don't live far away, you can get away with managing it yourselves (communicating with guests, arranging cleaning, arranging repairs) but you need to find a cleaning service who would be available in the short turnover window.

How much are you planning to borrow and will the new actual income adequately service that debt.

there is a publication called Scottsman guide.. this will list a lot of the top lenders.keep in mind HML want to see some experience and skin in the game to get decent rates.