A lot of people in this market swear that it's still going to get higher, while a few financial "experts" seem to think that "winter is coming" (a correction).Besides the regular investment strategies (which I'm starting to implement soon), I really have the bug to put that FHA to work and get started (this would be my 2nd property, first is already a rental in Austin), I just think I'm missing something and I'd like your opinions. 

My background is in technology (first as a programmer and now as manager) and my wife's background is in finance and accounting.  

Besides real estate, I own a software development company and am a programmer who once specialized in 3D graphics.

We go through the entire deal and help to explain the nuances involved with implementing the strategy in SD.

The lender will probably not object, since it will assume the seller has implemented an estate planning device.

This is a specific implementation of a 401k style employer retirement plan in an owner-only business, and is therefore much simpler to administer than a larger 401k that provides benefits to non-owner employees of a business.A self-directed Solo 401k is such a plan that can be invested in anything the IRS rules allow, as opposed to just what an institution offering the 401k is willing to sell.  

Next I would start with determining your market strategy and how you are going to implement.

well living in Washington is great.. beautiful place. however there is an aggressive push to implement rent controls and there is a new law in Seattle to force landlords to accept the first applicant for an apartment.

That's a key factor to implement a BRRRR strategy. 

As a result a portion of my earnings are through passive income by implementing the use of Virtual Assistants.