The title is a bit open ended, but what I am referring to is the following as mentioned in the BP podcast on many occasions.Browsing unit listings in my target area and cold calling the person that listed the unit when it seems like a self-managed property.  

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m)The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC)must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2018, the solo 401k contribution limit is $55,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

Drug dealing 4 times , assault and battery 2 times , domestic violence 4 times , IRS lien over 10K ,  failure to pay child support 10 times , and only 1 Failure to pay rent .  

They didn’t open the door but said through it “ok”. 45 minutes later their car was still in my driveway.

I would not say to go to a different market, but to be open to coming up with different strategies.

This should have been a simple open-and-shut case where you present your deed as proof, tenant gets thrown out, and everything is fine. 

I'd just make the schedule and play around with it to see what could work best for both parties but only after seeing if they'd be open to seller financing.

We believe this will be our best opportunity to get into real estate and open up a couple of paths to go from there.

Can be anything from how to’s to individual stories to investment strategies, etc... really open to anything, and I wanted to see what you have read that you feel has improved your skill set and knowledge.Thanks!

I know that we will have to live there for a year before refinancing out and moving opening up the unit we occupied to renters.My question/dilemma:  When I do find a duplex it will almost certainly be occupied (hurray super tight Omaha market) but I will need to occupy it per my loan.