If you have the right team and you're aligned well with them, you'll be able to make better decisions real-time. 

Even though they may claim to be thorough, the appraiser is not qualified nor knowledgable in the components of a house the way a home inspector is.

Make sure your team is aligned because you're always going to second guess if they have different philosophies.

A few benefits include:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.

The entire city has seemed to go so expensive it’s almost impossible to find cash flowing residential props with any financing component.

Investing in RE is no quick and easy process, be sure to take your time, research, analyze and make an informed decision that aligns with your investments goals & risk tolerance. 

I would try and cross reference your percentages with the estimated remaining life of some of the major components of the property.

Take the time to thoroughly analyze and evaluate the opportunity, and make sure it aligns with your investment goals and strategy.

Each component of a house has a lifespan.

But you'll serve yourself well by going behind the scenes to get some back story before aligning with anyone at this point.