I think I have now found 2 with whom I could work for property management, but was cautioned that to fly down the houses may be gone by the time I get there so I haven't actually made arrangements with a local realtor yet. 

Be sure your lender allows this, or make arrangements in advance. 

My hesitation lies in the fact that in reading about starting out with lease options, there is some disagreement whether I, as an "arranger" of these lease/option deals, can actually show that I have equitable interest in the deals, sm I am NOT acting as an unlicensed broker?

It would be awful to lose 160K in equity (or potential equity).The best way to convince her to move would be to offer her a practical solution / positive outcome - arrange for her to move somewhere else now and get some money from the sale of the home at closing.  

Are there any recognised organisations that arrange these?

This would require the plan to allow for in-service distributions, something they could check on with the plan administrator if there were interested.Yes, the participant loan feature is the remaining option for them to borrow the funds from their plan and then they could convey these funds to you personally (via a loan or whatever arrangement you collectively decide on).

Hi Everybody and thanks again for making BP the BEST Community, Thank god closing on another flip soon, usually don't buy occupied properties, this one I decided to go for it, arranged the tenant to move, and will pay for the moving expenses.Question is, 1)Would you have them sign they give up all rights so they don't change their mind?

Come to one of the meet ups at The Ram in Lakewood, you will meet a few people doing a wide arrange of RE investing (Wholesalers, Developers, Remodelers, RE/Insurance/Mortgage Agents, Home Inspectors, General Contractors and those who are brand new finding their way).

You may want to seek out an attorney if you are looking for a registered agent or if you are going into business with a partner, because there can be numerous decisions that need to be made regarding the arrangements between the members of the LLC.Asset protection problems usually arise when you don't run the company as a separate entity.

This means it behooves them to make sure you are always comfortable with the arrangement and pleased with your returns.