I'd prefer to invest in a B area or an area undergoing new growth - I'm planning some trips up the coast to explore both cities.

That said, unless you are active in that market, very familiar with the business owner and expect to have your initial investment returned in 12-18 months I wouldn’t touch it.

I also see this as an opportunity to learn more about real estate in preparation for future investments.About me: 40 y.o. single O-4P, with probably 4-14 more years of active duty before retirement.

If there was an active property manager that person or company  should also be named as a party in the lawsuit. 

On the micro scale, especially this time of year, add in school access/assignment, subdivision 'dynamics' (when I was more active in Wake, I tracked NOO/OO ratios and out-of-state investors as a metric, including hedge fund buying) inculding crime, HOA behavior, proximity to employment centers, etc. 

We've had good appreciation in Raleigh so it's a very active market.

It is very competitive in that arena but I am actively looking for deals for a handful of investors.

You must have legitimate self-employment activity or own a business without full time employees in order to be eligible for Solo 401k. 

However having 100% of the funds in my account 60 days before travel allows me to collect the interest, have access to the funds early thereby allowing me to use it if needed, prevents fraudulent credit card uses since people have 60 days to notice fraudulent activity, and prevents reasonable chargebacks. 

Passive investing in a syndication is a good option but actively buying your own property/partnering is also a possibility.