He is going to shop this deal to multiple people and partner with someone on it.

He also has purchased different types of properties in multiple states, and was a mentor to me as I got started.

Hey Mayer, I usually call multiple GC's in order to weed them out personally.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

Upside is being able to rent rooms multiple times a day, more revenue..Downside is the stigmata and very real possibility that you will be servicing others that aren’t traveling business people between meetings..

That should give you other perspective of the residents of that property. 

Those are great numbers and sounds like you kept a big picture perspective the whole time.

Just another little pre-qualifier...I am currently working with a really good realtor but I'm on here asking because I value different perspectives and opinions.

Is it proper etiquette to have more than one whole seller?  I know it's a little weird having more than one rel estate agent since they have access to MLS which is the same for all but with a whole seller they all hav...

There are two ways to look at this from a buyers perspective.