Things to know -- we live in a very hot market and the condo is in very good condition, so it would likely sell quickly and easily. 

Also, they can be adjusted if necessary to accomodate VRBO or Air B&B specifications.

There are only two rooms in the upstairs townhouse that are getting low air flow.

I would NEVER and repeat NEVER give my money to some hot shot mutual fund manager selling me every other day and the latest and greatest thing to hit the market. 

Greeting BP,Today I come to you with a question and a problem: Is the Greater Boston Area Too Hot for a First Time Investor?!?

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

I am up in the air on if I want to flip or buy and hold.

As a primary residence, you will have low down payment options but would likely have to look at the periphery of the hot neighborhoods to find something that works (for financing qualification as well as your budget). 

The hot water heater was on it's last legs.

IF this is a buy and hold use it as is and see where it goes.If the tank 'needs' pumped,,,pump it,,,if the laterals arent draining well enough you can blast them with high pressure air and styrofoam beads and make it work like new,I would NOT call any inspectors or wake up any sleeping dogs I didnt need to.