I think what @Charlie Fitzgerald was saying is that they had taken the unwise choice to not purchase insurance, maybe because they owned it free and clear.So if this is true, it's an example to you of the stark reality of not having insurance (again, in our case as investors, it's crucial)Regarding the previous contact with the owners, things change, minds change with time.

If you can't find houses that need rehab in your stable neighborhoods where you can earn equity through the rehab and eventual finance process with the portfolio lending rates, it seems your other choice would be to look outside your current investing areas for greater rent/cost returns. 

Success is a process, failure is a choice

Success is a process, failure is a choice

Success is a process, failure is a choice

Success is a process, failure is a choice

Rowhouses are the asset of choice in the DC market.

I would love to meet up and discuss this market with you, specially being new having one on one with a pro would be beneficial.

I am looking to expand much quicker and consider my strategy of choice to be buy and hold.

The brokerage makes their money on commissions and load fees, so they charge effectively nothing for the plan (which is limited to suit their business model).With a truly self-directed Solo 401(k), you are engaging a firm to provide you with a 401(k) trust that is not limited with respect to investment choices.