hello there I am a high school graduate ready to start college classes and recently the world of real estate investing has crossed through my journey to adult hood and I'm very interested in investing in real estate and learning more about it and how it can benefit me and my future.

2) Are there benefits to doing a flat fee manager vs one that takes a percentage?

Advisors will almost never tell you real estate because there is no way for them to benefit.

In the end, the Solo 401k will likely cost less money while still providing all of those benefits compared with the IRA.

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

But I'm having trouble understanding what this waiver does and what any benefit of waiving it is?

I don't know if I loose any tax benefits if I purchase the house all in cash or not.

All transactions would be for the benefit of the plan and you could not draw income personally.  

He was a friend of ours so we wanted to give him the benefit of the doubt, but once both deals were under contract he became more concerned about pleasing the other realtor and their client then looking out for our best interest.

You can have all of the benefits of Trevor's viewpoint without assuming all of the risk.An LLC is litigation protection from suits not covered by insurance (any alleged intentional fraud, gross negligence, health code violation, etc.)You want an LLC to hold the assets separate from yourself or the operations of the company.