I began to try to harness some of my "how to win friends and influence people" dogma and told him that I could possibly provide him with a completely passive income stream that would allow him to move to Florida without any of the active burden that landlording required.

Re: team, we have 7 full-time employees plus a handful of part-time underwriters. 

This would require us to figure out the salary and benefits and officially hire an "employee".   

With regard to the pm though, I own a pm company and have employees that can handle everything associated with related aspects.

There are a ton of hospital employees out that way looking for affordable, yet very nice, housing.Good luck!

@Tony MarcelleLet's just say that in my experience, a records-keeping county courthouse employee worker with a calling for serving the public has an awful lot in common with a unicorn.

@Israel Hernandez  As long as your income and liabilities under guidelines you can buy property  whether  you are self-employed or w2 employee.

Scott Price After over 1000 strategy calls with investors and coaching clients over the past couple years here is what I tell W2 employees...

As an s corp you need to be paying payroll taxes and owners are considered employees for that purpose..just pointing it out because taxes should be withheld from the paychecks and remitted to the state/fed...check with your CPA right away so you don't miss filing deadlines...

Specialty firms typically referred to as IRA facilitators and advisors perform this type of legal service.If you qualify as self-employed and have no full time employees, a Solo 401(k) is also going to provide checkbook control, and as a retirement plan has several advantages over the comparable IRA LLC.