How much time it will take, how much money it will cost, all the steps to do it correctly.

I should be able to get a 80% loan on my equity for down payment on next property correct?

I am not too concerned with a major market correction.Personally I feel keeping enough to protect ones self from going underwater during a market correction makes sense, but I also see how having too much dead equity can be costly if you are looking to build your portfolio. 

TenantCloud and Cozy are both free solutions for managing the rental books and are probably easier to maintain compared to email. 

I am just saying that an average young sole proprietor may not be good with accounting and doing their own taxes and if they have they cannot afford to hire a tax professional and have multiple bank accounts they may not add up everything correctly or put things 100% correctly into tax software.

My strategy is to save up cash and wait for the next market correction when all these newbie investors start selling off their properties at a discount.

Please correct me if I'm totally off--but--didn't we work together 4 years ago at S&J?

The building would have to be build on the property line to make it fit while maintaining adequate parking and yard space. 

Can anyone provide insight on the process of obtaining licensing in Nebraska, maintaining the license, annual fees, need to actively broker etc.

@George Blower is correct when it applies to 401k.However, our discussion was about a former 401k rolled into an IRA.