Also did not clean and it will need serious cleaning.  

Many Solo 401k advantages compared to the IRA come from the fact that there is no custodial requirement for the 401k.If you haven't already, I'd recommend reaching out to a few of the self-directed IRA and 401k providers who post regularly to the forums.

This is just a regular turnkey property like a vast majority of other turnkey properties in an area popular for rentals. 

With all this I do see opportunity in certain pockets that could not have been able to get a year ago.In saying that people that have cash and can get lending could clean up soon.My personal opinion tho. 

At least I’m not seeing it regularly.

that is HOOD rat written all over it.. just another west coast investor who does not realize that low end cheap property in the mid west for out of state investors is super high risk.. only locals can make that stuff work.. you may want to reassess your strategy.. your going to get your clocked cleaned if you keep looking for those kind of deals.. 

 $99/night + $75 cleaning fee and $300 refundable deposit for a 2/2 1300 sq ft log cabin in a private community with lake views and steps away from the lake shore.

Another example is it wont be their fault if the house has gutters and leaves clog them up and water backs up into the roof because it was not stated they were responsible, or if the property has a fire place and the house burns down because the chimney was not clean sweep by them or you before use because it was not designated responsibility.

The cost for these loans is a bit higher than regular conventional mortgages.  

Just so happened to ran into the maintenance guy when I was checking out the property and he let me do a walk through in one of the units being cleaned.