Sometimes the exterior doors are too, and those can be expensive on these old houses, many have sidelights or transom windows above them that drive up the cost.Let me know if you have any other questions, I'll do my best to answer them.Derreck

@Arturo Borges there can be a lot of complicated answers for this question.

Sorry I couldn't answer your question. 

@Chatree C.You will need to find a Solo 401(k) plan document provider and then you can have the funds reside at the custodian that you mentioned or at a local bank if you prefer.The Solo 401(k) provider will also assist with the ongoing compliance requirements such as filing form 5500-ez when needed, processing plan updates and  also answering technical questions regarding the rules and regulations.Regarding UDFI, this tax generally does not apply to the Solo 401(k) plans.

All of the HOA questions were answered negative, meaning no HOA currently.My only concern is when I'm selling I still have to mark YES to this question and how do I explain this.My agent feels this is not an issue and I made my offer.

@Michael V Akbar Definitely not a dumb questions, and you're smart to look for the right answer before moving forward.

I'd be happy to answer any questions you might have.

It will also help get you started if you want to do something else.To answer your questions1) YES, you should ALWAYS become the owner of the property.2) It is your property, sell it whenever you want!

Investors should ask about how leverage is used to capitalize an asset, and ensure they are receiving a return commensurate with the risk.Bottom line: Real estate investors should inquire about these risks and receive straight answers to be more confident in their investing decisions.

My two cents - I wish I had an easier answer to your question, but I hope that helps a bit.