The loans are forgivable after 10 years (5 remaining) if certain tenant guidelines related to income are maintained.  

Was browsing Craigslist and found what seems to be an authentic ad from a motivated seller.

You can also work directly with a tax attorney or CPA who is familiar with these plans.All 401k plans must remain current with changes to the tax code, so you will want to have an ongoing relationship with a legal resource that can provide periodic amendments.The advantage of a quality firm (not just a document provider) that specializes in self-directed Solo 401k plans is that you will have access to training and consulting advice so that you can operate your plan within the framework of the IRS limitations.

I listened to Clayton's podcast this weekend, and got really motivated by his strategy.  

However, over the last 6-9 months, we have seen a significant increase in requests for cash flow generating properties.Regarding location in the US,  Texas remains a secondary location for Chinese investors (compared to West Coast and East Coast).  

I've looked at every video imaginable and have the motivation needed to take the next step.

I am profiting by performing the repairs(contractor) and lending the money to do it.This would not geared towards motivated seller, but just sellers with houses that need work.How can I create a model around this idea?

The difference here is within the entity, ownership is split 80% towards the sponsor and the remaining 20% among investors.

My systems of investing was called "Trial and Terror", my motivation was "Fear of Poverty".Now after 47 years of Trial and Terror, I still find myself learning about and perfecting unusual alternative financing and acquisition of properties and developing commercial real estate methods.We are developing two buildings on Charles Street now into, what might be, the largest Night Club in Baltimore.

I always suggest a good ERISA attorney to consult and set these up as there are issues that should be addressed at the outset as well as ongoing issues to remain in compliance.