Also, a cash out refi will put you in a lower cashflow position for the entire duration of the loan, so I would be very selective about what you put that equity towards. 

If you want to spend a few bucks, there are some excellent books that have been published by BiggerPockets. 

Please be sure to select a Solo 401k plan provider which allows you to take a loan and will prepare the required 401k loan documents.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).As an alternative to taking the loan, you could even purchase the investment property directly using funds in your Solo 401k (assuming you select a Solo 401k plan provider which allows you to invest in real estate).

Depends on your strategy, but I had the thought that 1/1 duplexes would excel in STR sphere. 

Applicant understands that landlord may accept multiple applications for this rental unit and retains sole discretion to select the most qualified applicant.

We have priced out a house that should appeal to a lot of buyers in this area that also matches very closely to an excellent new construction comparable sale within the last year.

Don't make decisions emotionally when selecting tenants and never cut corners!

- Team/Process: I want to understand the process behind asset selection and who is on the team.

If searching the website fails, try Google searching "Tax Estimator ______ County, SC"   We've got homestead exemption and a few other exemptions that can save on property taxes so you select yes/no on those options, put in the sale price (since that will be the starting appraised value most often), and it'll give an estimated tax range. 

1 -No...I don't seek leads2 - Yes...reverse engineering.3 - I designed my own set of software (it started out as just an Excel form, and grew...) based on how I invest.