It seemed to have the ability to generate good data, and create a mailing list. 

I ended up buying an ozone generator off of craigslist for a flip I did.

@Donna CurtissAlso consider the self-employed solo 401k as you don't need an LLC to gain checkbook control and it is often less costly.

Stable employment, rental inventory, what is the utility of the property?

Typically it would generate $1400-1800 in rent with around $3,000 in taxes probably around $1,000 in insurance and $500 for water (all yearly) The neighborhoods are a little on the rougher side and many of the tenants are subsidized, but with good management can be a good return for you. 

(At this point, I prefer to hold them, cuz they'll pay for themselves in 2-3 years and keep on generating income.)This is not to take away from your good fortune, but to say that this is a repeatable success under the right conditions.

I'm thinking it would be smart to use an FHA loan and not wait to save up a large down payment, just because rent makes up such a large percentage of my expenses, even with roommates, and having access to a piano will allow me to perform more often and increase my income further.The biggest question I'm having troubles figuring out is this:How easy is it for someone that's self-employed to get an FHA loan?

if you have anything that would help steer us on the right path, we would appreciate the help".A background of our current situation.We are Self-employedBeen Self- Employed for 3yearsWe have a business ABNWe are registered for GSTOur capital growth Is assending and our monthly situation is 27k."

As for the 401k, if you are still employed with the sponsor then there's not much you can do with it now.

My goal of getting into REI is to generate passive income to allow me to semi-retire in 10 years and live a more flexible lifestyle.