Use a funky colors envelope and good stock paper.  

You have to decide if going through all the hassle of getting and maintaining the license is worth it for purchasing one house.

I have the tenant pay ALL utilities, cut grass, maintain yard etc.

I never tolerate that in tenants and teach mine that their most important priority in life should always be maintaining a roof over their head.

He could get better returns than the stock market, etc and it would be a win-win.

@Kyle Mccaw 100% noted & agreed on the "be part of the solution not the problem" - my hope/idea was to help stabilize neighborhoods that might be seeing waves of foreclosures and maintain homes that people will love - and feel safe - living in.Three questions on this:1) What kind of bargaining power might one have with a bank that is holding on to dozens of foreclosed homes in these neighborhoods?

If I'd like to try and maintain the pace I'm at, I'll need to source new PML's.  

I own a couple of rentals and have a > $1M net worth.Probably 60% of that NW is in retirement funds with the other 40% being in cash, brokerage accounts, equity in properties (approximately $100k in equity).I have come across hat I believe is a GREAT deal that will require an approximate $250,000 down payment.I can easily come up with the $100k, but the final $150k would require i sell some stock that I'd rather not sell at this time. 

@Luke Stone Definitely, as long as you have a reasonable amount to put down (~15%) and income to maintain the monthly payment.

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.