All transactions involving your Solo 401k must be arms length, meaning that you personally are not part of the transaction.

Treat this as a normal business transaction, do not even consider this as being family.As for the interest/principal calculation's there are numerious calculators on line.

We also recently worked with Rollie R Hanson on a transaction involving an estate and it was a great experience too.  

Let me know if you have any suggestions for good cities to start investing, that are safe, clean and have reasonable property prices!

One of my main goals is to have units and tenants that my wife can manage and safely collect rent or do the inspections on.

If they don't owe it free and clear it becomes more complicated, but so long as you get title in the transaction you own the property.

Assuming you are able to understand the transaction and are confident in your ability to represent your own interests then call the selling agent directly. 

I realized two things amongst many others is as follows for future transactions and would like to gain some advice on the same from you all experienced people :1.

Again, if you are buying this as a foreclosure, then this would pertain but if this is a standard transaction and not from a formal foreclosure preceding then it should have no part of the contract.Here is the NC State Article concerning the sale of property (see page 15 in subsection .22).Here is also a link to the results page from searching "10 day upset clause" in google.

I have a couple questions on how this differs from a normal transaction highlighted below.