You must be self-employed with your business to be eligible for a Solo 401k.

However – it would be nice to get out of the property manager business – without giving up a gigantic portion of the proceeds.We are very fortunate to be in a position to ask these questions, but we absolutely need to process a lot of information before committing to any sales.What do you think – Take immediate advantage of huge sale prices, then get into a DST (or several)? 

And yes, you need to run an honest business. 

When going into business regardless if it is RE or anything else it is wise to protect your personal assets. 

Most of my business is from networking directly with the insurance relocation specialists to be first in mind when a claim matching our property is received.

Though I suppose many people would rather have new construction townhouses or a 3 or 4 story apartment project on the site.   

it doesn't cost a lot to put utilities and parking pads in or even entitle it or to purchase land. it's just a lot of work that no one wants to do. parks are hard to get approved but they are not expensive to develop. it's nothing but utilities and parking pads and an office. harder to finance too, but compared to apartment development or mixed use development it is one of the cheapest and highest performing assets because of reduced construction costs. 

Otherwise you run the risk of keeping yourself busy going nowhere.BTW, I'm in California as well and invest exclusively in Detroit.

If you are already doing a good amount of business there's nothing wrong with a VA assuming you can train them to operate at the same capacity/skill level. 

I also don't like how long it takes for the checks to clear I do use the free version and takes about 5 business days to clear.