So with all that information I guide them to the best property to make sure that they buy a property that can earn them money day one and one that doesn't have the potential for them to LOSE money on their first investment.

Any particular communities more desirable?

I would think they should be able to show paystubs for the year to date earning divided by her hourly wage to establish average amount of hours per week and then see if that corresponds to her W2's for the last 2 years and if they all match up and her debt to income ratio works, move on.  

I financed this project by delivery food and earning tips.

If major damage occurs, like flooding or fire, the seller is either required to fix it and return to the same condition, or the buyer earns a way to legally terminate the contract and receive their earnest money back.

Got our foot in the door for a very desirable location, Squam Lake NH.

My wife and I desire to retire in Nicaragua for a number of reasons.

I am currently preparing to put in an offer for a 3-family property in a highly desirable neighborhood in Brooklyn, NY. 

-PMC being up front and clear about this will earn trust and understanding. 

Of course an LLC can be added if additional liability protection is desired, but with an IRA, you must have an LLC to obtain checkbook control.Were you referring to the participant loan feature when you mentioned the Solo 401k supporting the business?