It seems like I could more easily accomplish my goals of buy larger properties by *combining* the equity of the two accounts into one, and that the SOLO401 would make the most sense.

Exploring funding opportunities and with decent cash savings on-hand, but without a current steady income, I'm leaning towards hard-money or private investors..or a combination of both.So now - I'm at the cliff ready to jump - someone push me! 

@Mary Seo - As @Alina Trigub mentioned, most of the in-person groups have switched over to virtual MeetUps through Zoom. 

So repairs plus Cap Ex at a combined 10% is most likely too low long term for a $20K rehab. 

And yes I understand what you mean I’m definitely weighing all my options I like the idea of having a partner because we can combine capital and get more deals and be able to help one another manage properties.

Im looking to combine a first mortgage and HELOC.

This, in combination with @Jaysen Medhurst's excellent point (taking 10 - 15 yr loans is not the best idea, no buffer to fall on) makes me re-think the plan in a different way...I'm thinking what I probably need to do is:- Start with value-add investments in Class B multi-families on 30-yr notes asap- Goal is to move up to $1MM+ properties, to utilize cashflow for college education & retirement in 8 - 10 yrs, just as the kids are hitting college ageFallback is, of course, to use student loans in case of any bottle necks that are faced.

we call it Snottzdale :)  ,concur with Julie on capital due to being Snottzdale,  that's one of the most popular areas that are combined residential and touristy

Based on a combined 25% combined Federal & State tax rate you're looking at another 2,500/ year in tax savings. 

@Victor Nkhoma Would approach them with a solid contractor and agent combination at the least.