The main question is: do you have earned, qualified income to fund the Solo 401k?

If you are a college student and can afford a home, why not buy a duplex or house where you can rent out part of the house and reduce your living expenses?

So if it's your first couple deals I do agree with you having an experienced buyer or 2 ready to go so you can reduce the possibility of them backing out, but after a while you'll realize who's legit and who's blowing smoke.

One thing I am noticing is many sites offering reduced commissions for buying/selling real estate. 

Working with a registered investment adviser instead of a financial broker helps reduce the cost.  

I don't want to move to Florida right now because I'd have to take a salary cut which would reduce my standard of living and would reduce my opportunities (i.e. direct mail marketing) for off-market properties.I’ve been studying and reading about flipping houses for the past year.I currently have a W2.

It's likely that your interest earned won't outweigh the interest expense.  

I'm wondering if I should reduce the variable cost since the outside is maintained by the HOA and covered by the HOA cost.

On the issue that just arrived today, the entire front page is "Skyrocketing Housing Prices".Some of the points made in the article are: “What we are living with now is a result of and reaction to the Great Recession”“Add to this whole mix the pandemic, and it is the low-wage earning service workers that have been most hurt and that causes a really big disparity in income”“Sellers have become accustomed to asking over the market value and getting it”“There is going to have to be more affordable housing, bottom line”"the city is discussing developer incentives to set aside a number of units in development for workforce housing; revitalizing older neighborhoods"Here is a link to the full article Low inventory leads to rising housing prices across Chandler, East Valley | Community ImpactWhat are your thoughts? 

I would love to hear your thoughts on what percentage of my gross income would be for typical services and fees usually handled by property management companies in the Sevierville areas. I’ll be handling everything m...