I have a Solo 401k (small home business) and both SIMPLE IRA and traditional IRA for my salary employment income.

Now your comfort level increases along with your confidence.

Is it just as simple as calling the owner and asking to keep the terms if i can bring it current or is there a better approach.I know people love the numbers so here we goPPrice:  55k (including the back payments)Rehab:  20kArv: 110k - 120ki would love any feedback.  

It is just a different way of building retirement savings.If you were to cash out the plan, you will do two things that are negative right off the bat; significantly reduce the amount of capital you have to invest with through state and federal taxes as well as a 10% penalty if you are under 59 1/2 years old, and likely significantly increase your marginal tax rate on all of your income in the year in which you distribute a lump sum from your plan to yourself.

It seems that less and less people are going in to or even considering trades, and the plight and challenge of finding consistently good contractors will continue to increase.  

I feel like I have a good pulse on the market here in Colorado and have not noticed a large uptick in inventory however deal flow has increased recently and our offers are being accepted without as much competition.  

I actually guarantee my investor a 10% simple return whether it takes me 3 months to turn the property or 10.

The property value has increased dramatically over the past 5 years, 100K.  

Just wondering if there is a simple "dictionary" page on the site.  

@Jay Hinrichs Good point there...I was simply implying that if @Katie Haney or any investor can work with a real estate professional her chances of success will increase exponentially.