Eventually, I would like to directly invest the solo 401k into RE as its own entity.

hello alli researched the cos seg issue. i think its too much of a hype. basically it all comes down to accelerated depreciation. eventually you will pay it back as time progresses or when you sell the building. however, the cost seg report is not a cheap one do to. so net - you lose over the long run.

So the old homes were sold to canny investor types who quickly converted them into duplexes and filled them with black folks eager to get out off the Hill and white Appalachia hill folk from the surrounding areas looking to move into the Pittsburgh metro area.As the municipalities began to catch on to the fact that any sort of old home undergoing a conversion to multifamily was bad news for the area, they passed ordinances forbidding the conversion of single-family to multifamily.

Perhaps we need more apartments, and/or to convert some hotels to apartments, etc.

After that I will convert it into a rental property.

If you have reported that as an investment on your tax return then you can still move in but you are converting a property from investment to your primary residence. 

That way there is no question about who owns the flooring when they eventually decide to leave.

Thankfully I eventually learned about wealth (Thanks, Kiyosaki) and started to set (and achieve) some bigger financial goals.

After listening to BP for a while, I'm trying to start out my financial journey with house hacking and eventually grow my real estate portfolio!

Gross rent is $1750 for all three units, and it has an unfinished basement that is plumbed and can eventually be converted to a fourth unit.