Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

@Nicole Collins just keep this mind as you search for your Multi-Unit / MF property . . . the  total gross rental income divided by the number of tenants / units = gross rental income per unit.  

He had a bandit sign that read "leak repair $150.00", so I estimated total repair of 4 items would be $600, but his bid is for $1,000.00B) Contractor B bid $700 to fix 2 leaks, replacing 10 feet of plank wood 2 pieces, replace shingles (no plastic cement).

You will have to get the property appraised at the time of distribution to determine it's value and the amount of distribution will be taxable event unless you are taking distribution from Roth and have met the requirements. 2) Non-recourse lending means that the borrower does not provide personal guarantee for the loan, the underlying asset is the only security for the loan.3) You can contribute into an IRA independently of your 401k contributions, assuming you are eligible based on your income.4) If you set up truly self-directed Solo 401k plan you can invest into virtually anything except collectibles and any transactions involving disqualified person.

These are the going rents:4bedroom- $1,1004bedroom $1,1003bedroom $9002bedroom$800Projected Total gross rents $3,900 x 12= $46,800MY PROPOSED DEAL STRUCTURE...I need to deed!

@Alex Tobias, for us it totally depends. 

I'd recommend using it for a flip if you can secure enough of a personal loan, and possibly leverage with hard money- as most lenders want skin in the game on projects.

Total value is $1.5-2M.

@Dylan TranIt appears that the LLC has 3 members and it made a total of $30,000 profit in 2017.It also appears that the activity of the partnership is flipping homes.If this is the case - the partnership will file a partnership return and provide each member with a K-1 listing out $10,000 of ordinary income that is subject to self-employment tax.

I totally agree with you, Anthony, and it makes much more sense to me now after reading your response, so thanks again for sharing.Another long-term goal of mine is to own and operate a vacation rental in Orlando/Kissimmee.