Anthony, You hear correctly that a solo 401(k) is a preferred investment vehicle when purchasing properties with debt financing.

Another stock-based vehicle for savings for kids are DRIP plans.  

Building dept can steer you to right info.In most states you register mobile homes with Dept of Motor Vehicles, just like a car and they can point you in the right direction, too.Have fun!

We have both paid off our vehicles. 

We dropped down to a 1 car family (thanks Hurricane Matthew) as I can bike to work from Ghent...Ocean View would add the expense of buying another vehicle.  

I promised myself I’d never give a company power over my life, so I started looking for ways to make that happen and decided on using real estate as my vehicle to financial freedom.My goal by age 30 is to have at minimum 100 units, cash flow $200 per door, but the ultimate goal is 200 units.

Zoning, permits,storm water drainage, access for tenants and emergency vehicles and addressing are all issues that can kill a deal.  

I agree, city zoning may reject any plans to turn green space into parking, you usually have to have a certain sq ft of green space and some city's don't allow parking of cars or vehicles in front of the front line of the house unless it's on a driveway and driveways have set backs.

Thus these individuals generally don't want to keep excess cash tied up in projects because it lowers the return on this equity and doesn't allow one to control as many assets as they could if they exchanged, refinanced, or otherwise deployed the capital to a more efficient vehicle for growth.  

Unless you can see that it is for a vehicle or consumer debt, I would think it could be a utility or landlord that they owe money to, and that you'll be next.We have a criteria they have to meet base don their responses before we spend money running their application, then another set of criteria to be accepted.