Raise the rent on the 30 year tenant.  

@Mark SpritzWhile in the the year that you open the solo 401k plan you need to be merely pursuing self-employment activity (see IRS Publication 560 which lists this specific language), it is important to note that generally in order to continue with the solo 401k plan you must continue to to perform "material services" with the intent to generate earned income from self-employment.

The title of my last post seemed as if I was offering a service so I reposted.

First off, thanks for your service to our country via the NAVY.  

Just make sure the debt service coverage will be 1.25 or better.

I'm not on the servicing end of the lending spectrum, so I cant say with 100% accuracy that you cant do an assumption with any other lender than the servicer, but that would be my guess in this case.

Im in the process of raising capital for down payment and holding costs.

The section 8 tenant has been in there the whole time and I have raised the rent slightly since taking over.

I thought about having a property management company manage the property but I do believe this is something I could do on my own and utilize on line screening services as well as checking local evictions public records. 

I had learned how to sell options, how to remodel my house, how  to day trade, how to start a self directed ira, I started a Physical Therapy clinic, mined bitcoin, made a few websites, I think I may have even learned how to raise chickens/honeybees/ and grow organic vegetables.