And then took it from there and soon enough, not only did I have a contract that was compatible anywhere, but I was the one that edited and basically wrote it, with the help of the attorney, so I knew what everything on it meant.

@Ken Min: I didn't actually know what "Subject To" meant until you posted it.

If you buy it with your cash then get HELOC in first lien holder, your money is fluid and can move in and out when ever you decide.  

You meant that is what you hope to buy it for.  

I may have overstepped when I said don't add them to the lease, what I meant was don't create a new lease where they are all equal co-tenants and don't add them as co-tenants to the original lease as they will have the same rights as the original tenant.

What I meant in my original post is to minimize the probability - I know there is no way to eliminate negative experience probability.

That said, I'd like to ensure I'm not missing out on a possible, majorly tax advantaged strategy.I have two concerns with using a Solo 401k for REI:I read on another BP post that investing in real estate within my Solo 401k (for example) would meant that I can't claim certain tax deductions (interest, tax, insurance, costs fees, depreciation, etc.).

I meant lower payment and higher rate.

I would hazard that he'd probably clarify that he meant access to $10k per house, which might mean lines of credit on houses, traditional cash reserves, etc.

March of this year I had a conversation with my Uncle that consisted of terms like "1030 exchange" and "gross rent" and other terms I had no clue what they meant.