@Dan Mahoney my opinion has slowly changes over the past two years lol.SFH rents have much more entitlement plus there is much more stuff they can screw up if they get pissed off.After over a few hundred investor consultants over the past couple years here is what I tell W2 employees.

@Chris CapersIf you have self-employment income and no full time employees, the Solo 401k is an option for you even if you are also employed.

I was a Federal Employee for 7 years.

We're not looking to hire an employee, but rather a recommendation of a 3rd party contractor that will bill us for their services.  

But, in general, you can’t equate a 50,000 employee shipping warehouse with an “HQ2”.

If you are not a employee earning a good income real estate investing is going to be near impossible.

After buying and rehabbing that first property, the bug bit pretty hard, and now 3 yrs later I've moved from W2 employee/part-time landlord to full-time investor.Since November 2014, we've purchased 8 rental properties - 5 in Kennesaw, GA, 1 in Acworth, GA and 2 in Memphis (through turnkey providers). 

Additional information can be found here:https://waysandmeans.house.gov/brady-releases-legi...http://docs.house.gov/billsthisweek/20170925/HR___...In summary, the bill proposes:Deduction for Personal Casualty Losses: With respect to uncompensated losses arising in the disaster area, eliminates the current law requirements that personal casualty losses must exceed 10 percent of Adjusted Gross Income to qualify for deduction.Eliminates the current law requirement that taxpayers must itemize deductions to access this tax relief.Penalty-Free Access to Retirement Funds: Provides an exception to the 10 percent early retirement plan withdrawal penalty for qualified hurricane relief distributions.Allows for the re-contribution of retirement plan withdrawals for home purchases cancelled due to eligible disasters.Provides flexibility for loans from retirement plans for qualified hurricane relief.Encouraging Charitable Giving: Temporarily suspends limitations on the deduction for charitable contributions associated with qualified hurricane relief made before December 31, 2017.Disaster-Related Employment Relief: Provides a tax credit for 40 percent of wages (up to $6,000 per employee) paid by a disaster-affected employer to an employee from a core disaster area.Special Rule for Determining 2017 Earned Income Tax Credit and Child Tax Credit: For 2017, allows taxpayers to refer to earned income from the immediately preceding year for purposes of determining the Earned Income Tax Credit and Child Tax Credit.

I'm self employed (S Corp) with a handful of employees in a non RE related company.

Both my wife and I are currently employees involved in the market.