@Russell Brazil much appreciated, I definitely respect your position. 

As long as there are crystal clear expectations and respect.

It is interesting to note that your wife would be a disqualified person with respect to your mother's 401k even though your mother would not be disqualified relative to your wife's plan.Again, these prohibited transaction rules and the avoidance of disqualified persons does not apply to funds that you have borrowed from your 401k via the participant loan feature.

I would respectfully disagree and I believe the two are mutually exclusive...and should be.  

You would typically pre-sign an assignment of mortgage or DOT and an allonge (documents that transfer ownership of a mortgage and note, respectively).

I admire and have lots of respect for anyone who is in business for themselves, it's not easy to keep your head above the financial waters, while paying taxes, taking care of production and baby sitting employees.As business people this is why we need real estate to shelter our business income and to have a cash flow back-up for the times when cash flow is low in our businesses.Good luck.....Charles

@Tanner GishWith respect to UBIT, that is a tax that applies when a tax-exempt entity engages in a trade or business on a regular or repeated basis.Flipping houses or new home development are business transactions.  

Along with my group I also like and respect the SouthSide Investment Club.

The stair faces the yard, and it's not within 6' of an adjacent property.I found the code section.CHICAGO CODES 13-200-260 Porches and Decks Existing porches and decks may be repaired or replaced in the same location with construction of the same type as that of the existing porch or deck. (1) Existing porches not exceeding three stories in height may be extended up one story to the roof level regardless of their location with respect to the lot line or other buildings on the same lot, if in conformance with the Zoning Ordinance. (2) Existing porches may be enclosed, regardless of their location with respect to the lot line or other buildings on the same lot, if construction requirements of Chapter 13-60 are met.

While I didn't quit "working," I am now all in.I recently joined a highly respected Commercial Real Estate Debt & Equity boutique firm where I am brokering commercial real estate loans for Retail, Office, Industrial/Warehouse, NNN, Medical, Mixed Use, Multifamily, Development, etc.I'm so excited to finally be in with both feet.