This is an issue for ANYONE dealing with a property for monetary gains over $500.Keep in mind that in the early 2000's Texas set the precedent in the Stachybotrys "black mold" liability/lawsuit push. 

By that I mean, is it hitting the goals that you have set for yourself within your niche/strategy (do you even know what those are yet?)?

But many Solo 401k clients are starting by setting up a brand new self-directed account from scratch because IRS rules allow large contributions (up to $60,000 per year per participant) into the Solo 401k plan which give them very good start.With small amount of funds you will have very limited investment options.

I just picked up three of your books and was wondering if you or anyone on this forum recommends a specific order I should read themThe three books are:The book on investing in real estate with no money downThe book on rental property investing Set for lifeI am 23 years old, live in Queens, NY and currently am working as a civil engineer on a construction site.

Taxes 7%Insurance 9%Xtra Flood Insurance 9%Vacancies 5%PM 10%CapEX 5%Repairs Tenant Damage 5%From total purchase price:Down Payment is set at 25%Closing cost is set at 1%Rehab Budget 1%Are my percentages on the conservative side?  

I looked at a used stackable W/D set, 24" wide model, which will fit just right in the laundry closet, for $400 with delivery, or $525 with 1 year warranty.

They need to do a better job of setting an annual budget including contributions to reserves for major repairs and replacements.

With IRA you must have a custodian, this is the requirement set by the IRS.

Set your goal, plan your steps to achieve that goal and master each step till you can duplicate it, then scale it to larger properties and investments.  

Zack, Tips for auction, set a maximum price and hold fast.