I randomly have thoughts about stopping my 401k with my employer and saving that money to put towards buying another deal, then I realize that would be stupid (for me).Every employer is different, but if I put in 6%, they put in 7.5.

I do not plan on employing any agents or maintaining an office, as most of my transactions will be for personal investment.  

Another crucial piece of this is knowing what's going on in your city/market as far as population growth, employment, industry etc.

Given the area and type of house it is, the ARV on this house would be just under $200,000.

(this property was listed for sale from August 13, 2014 - June 30, 2016 and never went under contract).

@Dane FitchSelf-directed Solo 401k plan are designed for those who are either self-employed or own a business without any full time employees.

After a little over a month of taking action and beginning to "Drive 4 Dollars" and collect addresses... only 80 properties later I have my first property under contract in Phoenix, Arizona.

Some areas you can concentrate your efforts in are 1) Ruskin - New amazon warehouse employing several hundreds of people here2) Lithia / Fishhawk area - Great schools but beware of high CDD + HOA + Property taxes that'll eat into your COC return3) Winter Garden - Booming market in orange county, has a new hospital and several new business coming up.  

We were walking over new flooring in a renovated kitchen when I felt several big holes under my feet.

I hope to have it rented in under 3 months.