Have you been successful in making student rentals work from a cash flow perspective?

That will give you a different perspective and is another layer of DD.

David,Another perspective for you.  

Makes sense what you are saying about a tenant's perspective. 

Long story short, it's getting paid off real soon.Everyone, thanks for all the perspective and the comments, it's given me a great deal to think about regarding my REI future.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

It's usually shoddy workmanship with cut-corners to fool the perspective homebuyer.

What I am trying to see here for myself is - that to make 100K a year - what kind of numbers am I looking at.Out of natural curiousity - and to put things into perspective for myself.And those numbers look pretty big !

From a commercial lending perspective should I have him sign a 1 year lease or keep him month to month? 

You might be approaching it from the wrong perspective.