UBIT tax will apply so consider a solo 401k instead if you are self-employed as UBIT generally does not apply to a solo 401k plan.

So naturally I'm coming back to ask you all for more advise: What are the strategies you employ to streamline your property management operations if you self-manage?

That with cash flow from both properties and our regular employment income we are aiming to have it all paid in 1 yr.

At the moment i figured out a way to pay and get my portal to work but they were a nightmare and i know if there is going to be any changes in my loan status, i will have to deal with the one of the worst companies ever been in america in this size.

I am a licensed attorney that mainly handles Labor, Employment and Criminal matters in the Dallas/Fort Worth area.

Now that I some money saved up, my plan was to put a down payment(FHA loan) on an apt for around 200k-250k, size, condition, and location is similar to my current apt.

Now that I some money saved up, my plan was to put a down payment(FHA loan) on an apt for around 200k-250k, size, condition, and location is similar to my current apt.

Speaking of furnishings - I think your $20k furnishings number is a little low, but it depends on the size of the house and quality of the furnishings.5.  

I have been self employed since 1988.

The banks would factor in the pre existing income from the remaining 3 tenants into the size of the loan you would have to carry in order to take ownership of this 4 plex.