It never occured to me that they may allow friends to come wash their clothes - but that happened to my husband and I when we were younger and had our own place - people asked if they could do laundry at our place more than once.

Also, my "day job" is freelance writing, so I may have the flexibility to make regular runs up check on the property and keep tenants on their toes.

When a Solo 401k or IRA flips houses regularly, this incurs a trust tax known as UBIT - which is basically there to keep tax-exempt entities from driving taxpaying businesses out of business.

My wife and I are investors in okc and are in Tulsa regularly.

I once had a tenant that decided to wash all of her husband’s coworker’s laundry for a fee.

Soon you will know how to screen tenants better and the importance of regular inspections.

Basically how I calculated it was with me being a regular rentor.  

I'm inspired by "Rich Dad, Poor Dad" and I'm a regular Bigger Pockets podcast listener so I know anything is possible!

Worked my regular job and paid off that house and student loans in a few years.

Was he recommended to you by another real estate investor who has done deals with him?