Or if I still want to have the 401k Invest in an LLC, I believe I can open an LLC business account, have a form that says it is a private equity investment from the 401k, and then operate the LLC to hold a rental property.Fidelity has reps that don't understand things.

In the case of a syndicate, the LLC and its operating agreement help to formalize the legal relationship between investors.

Make sure you find a good property manager unless you are prepared for a part time job and being on call to keep the operation going.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

He then said I would be contacted by a woman who would explain how their company operated in more detail.

Our focus in exclusively on the operational needs of property management.

Well, okay a bit of an exaggeration, but they are distinctly different skill sets.The problem is you believe you've already achieved and I'm not sure you could tolerate someone else being the brain of the operation.

Bringing together like-minded operators to collaborate can spark innovative ideas, refine processes, and tackle shared challenges. 

They have a hell of an operation, and often hold trainings and hire often also. 

I only operate 1 STR and have only had 14 stays.