Hi @Jim Ludes ,My wife and I are starting to crank up our direct mail marketing to recently expired listings but this is the first time we are attempting this endeavor.

I'm hardly a real estate mogul now, but I've been at it for a couple of years and it is still a part-time endeavor for me.Again, my opinion, but I think you are headed for disappointment if you jump into real estate with the intent it is going to immediately provide a stable income.My advice would be full-time job first...then wet your feet with REI.

I'm moving to the DMV next month and plan on getting to know as much as possible about the area.Good luck with your endeavors.

Then you can transfer existing IRAs and in some cases 401ks into the Solo 401k to invest in RE endeavors.

So, fingers crossed this is the beginning of a profitable side hustle for me...and not the failed endeavor that puts me in the poor house!

Welcome @Vivan Bhalla Best of luck in your endeavors.

I wish you the best in your endeavors.

That being said, any endeavor over a long enough time horizon runs the risk of having legal issues.

Thanks again and look forward to my new endeavor.    

The riskier version is using it all for investing.My vote is for paying off debt and using the remaining for investment.Either way, good luck with your endeavor!