For a novice, gc'ing a modular that comes 85% done is alot easier to handle.

There are downsides as well as James Vermillion alluded to in the link he posted but you must figure out what your goals are and it will make the decision much easier.

Appeared very friendly and very nice.

For my feeble real estate mind this appears to be a really good deal.

We haven't discussed the terms of a lease option yet, but she appears to be very open to doing an option.

However, the easier you can make it on them, the more they will come to trust your judgment, and thus, will choose you, over and over again, over the million other wholesalers bringing them deals.Shoot me an email - [email protected] - and I'll hook you up with my student in Jax.

You may need to signup for his newsletter to get access to it. 2) The contractors I work with are paid when the job is completed unless it is a very large job in which case we agree to installments...never more than 1/3 up front. 3) I usually have the bulk of the materials delivered by Lowe's or HD, it makes it much easier than making a bunch of runs to and from the store...just make sure you do a quick look for damage on anything that is damage prone. 4) I would say either would work but this is out of my expertise.

The first question you reference above appears to be related to "which entity should I use as my plan sponsor/employer".The Solo 401k is a trust, and that trust may invest into real estate and other non-traditional assets.  

After all, gazing is much easier than mentoring.

Tim Delp's forumla is exactly right.Paul has it correct in how it appears on your return and is deducted.