Your comment "I'll figure out how to manage my contractors when I get there" is a huge indication that you are underestimating the challenges.It may work for you and I hope it does, but doing it yourself is not for everyone and you need to be careful of the advice you offer without a track record.Best of luck to you,Mike

But to be perfectly honest, I have some concerns when I read that Cayahoga County (Cleveland) has been bleeding population year over year.Thanks for your comment Tim,Ohio is a very undervalued and some of the deals we come across in Toledo and Dayton are unbelievable at times.Michigan is another market that has great potential IMO.I'm not worried about the "declining" population or "high" unemployment that is always pumped by the media.

@Phil Glantz made a good point, I also don't see any reason why you would want to use a custodian for a Solo 401k (unlike an IRA where custodian is required by law).The level of complexity that your talking about in your comment above is actually removed with truly self-directed Solo 401k.

Sounds like you know this already based on your comment "I can update the place for about 15k, my own labor, and selling for 20-30k more."

On another note I do not know if it is a good sign or not but my home inspector comment of this is the worst house he had inspected since he was in east austin 6 months ago...  

Frank, You made a comment about vacant units not paying into the HOA, in a typical HOA do vacant units not pay into the pot?

The SEC is working through nearly 600 pages of comments on the Title III piece, but the problem with it is that, if and when it is passed, an issuer can only raise $1mln and the legal costs including providing audited financials is not going to be worth it for most companies.

I need comments because after searching I was unable to find any information regarding a specific self-directed IRA question.I’m planning on using my self-directed IRA to do a flip and fix.

I appreciate your comments, but you can essentially build net worth through cash flow properties as long as you put the cash flow in the right investments.

Appreciate your comments