You also are required to put 25%-30% down and larger reserves are required and the building itself can cause issues if it has vacancy ratios.

So it was never an issue before; I just went forward once I got an approval.  

Many of those were in those areas and I never had issues.

I did hear about the structural issues a few times but didn’t realize it was that much.

The basement, which is what I’m considering for a third unit, is about 1,000 sqft so I don’t think I would have any issues with the size.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

We're hoping to do seller financing when we buy our first rental investment property, so I'll be hand-writing letters to long-time owners of rental properties (mostly single family or small multi-family).

Interested to start with small multi family homes in DFW area and grow from there. 

Operating a plan you do not qualify to sponsor can result in serious issues with the IRS.Some providers aggressively try to push folks towards plans they do not necessarily belong in, because that is most profitable for them.Rental property produces passive investment earnings and is not considered self-employment compensation necessary to establish and sponsor a qualified employer retirement plan.

They certificate they issue does not mean anything.