I did speak with my RE Lawyer who drew up the LLC and Operating Agreement and my CPA and both seemed to be comfortable with the approach e.g Solo 401k Trust Account owns 25% of the LLC. 

Originally posted by Account Closed:@Tom R.who do you use as a property manager? 

Also, security deposits should be handled very carefully (not co-mingled with personal accounts)-so this could be a reason why they want to hold on to it?  

. :)As far as evaluating your cash flow, you would probably still want to account for a little bit of maintenance.

Since getting your degree have you come across a problem/situation that you didn't study? 

Account Closed yes I have my license and I have a certain number in mind I’d like to have in passive income every month.

Study both while keeping in mind what your end goals are.

Any links to a beginner's curriculum of study (e.g. the top couple of books to read, or the main topics you should study before jumping in) on the BP site or elsewhere would be much appreciated.And finally:I would love to connect with folks both in my area and out of area, so let's!

Originally posted by Account Closed:Originally posted by @Chris Clothier:I speak a few times a year at different real estate industry events and even a few entrepreneurial conferences. 

Initial CapEx Funding at property closing: At closing, as part of my 'cash needed to close' calculation, I take 3% of the sales price and set it aside in a separate CapEx savings account.