Shows that you know your investment is good self-sustaining property for investors.

I've been looking a lot at a self-directed solo 401(k) as a long term tax shelter for investing in RE.

Heres the deal:Purchase Price 38000Mortgage 29000 = 253/month on 15 years @ 6% ($16500 out of pocket down payment and rehab expenses)Taxes 1000Insurance 600.00Currently rented for 650/month (could of probably went 700)My assessment of sale value of home would be around 65000.00So using the cashflow analyzer I estimated maintenance expenses at 50/month (which I already found out is very low).

Be objective to ensure what you are adjusting to his benefit is not by your hand.

You are at risk of special assessment.

You don't need a license to master lease in California and the taxes are less, no self-employment tax like a licensed property manager.

I'm just trying to assess where you are before offering my thoughts on how to proceed.

Tax assessment is $61203But the Valuation range(high) in dollars is $19470 Valuation range(low) in dollars is $3520Seller is asking $24990 for property.What does the tax assessment value mean in relation to the valuation ranges, and what number should I use for valuating the property?

I have seen these issues go both ways as the kid will be assessed as to the likelyhood of future violations, other trouble and record and how the residency might impact other tenants, if any.

She had no idea....Seems like every where you go, the main objective in business is cheating the other guy......BTW, Most places use the same pitcher as they are provided by the beer distributor and when topped off, there are 4 glasses to a 64oz pitcher around here...LOL