I think I've gotten the general messages that:a) Don't invest JUST for the tax advantages.b) I need to do more research.Excited to do some more research and learn more by hanging around these forums.

Share your risk management strategies and lessons learned.

I would like to learn about self-storage investing.

Also, like any tech tool, a PMS (we use Guesty) has a learning curve. better to master the intricacies of the tool while you're still small, rather than when you have more properties to manage.

I've done some research, watched several YouTube videos and according to what I've learned since my credit is above 700 I should not be a problem getting approved key banks.  

I always ask after learning more about the person and their situation.

But we live and learn.

@John D.To learn more about what qualifies as self-employment income in order to open a solo 401k plan, see the following: https://www.irs.gov/businesses/small-businesses-se...Also, IRS Publication 560 (the publication for self-employed plans such as SEP and SIMPLE IRAs, ans solo 401k plans) has a section that gives examples of self-employment activity.

If I've learned anything from years in real estate is that no matter how much money you have, there's always someone with way more.

This is a great place to learn and to meet people so take advantage of all the great resources.Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersBest of luck here at BP Nation.