Possibly could be a load bearing wall, not sure. 

When you run property management numbers - they get 'ugly' real fast.Lets say you buy a long term rental and it rents for $1,200/month, and if you financed it, it costs you $900/month for a fully loaded (Principle, interest, taxes, insurance) mortgage.  

He CAN pay you a referral fee if you send him a real estate client that he completes a transaction with in his real estate licensee capacity.

Currently I have the capacity to take on properties that have an ARV of 180K approximately.

Their books and podcasts are loaded with great material.House hacking can be beneficial for soooo many reasons as many in here would chime in with.If you're already looking to connect with a rockstar agent and loan officer/lender, then you're going to be on the right track.

Diversified economy, loads of tech money, coastal migrants moving in who still think it's relatively cheap.

The advantage of the SBA financing is that you will only have to bring 10% to the table, but you will also have to show with the existing building and your Adjusted Gross income that you have the capacity to pay for the new debt. 

  :) 15% is also much easier for a prospective client to understand, rather than a front-loaded "move  in fee" followed by a lower monthly fee.

If you have a partnership structure or some other facts and circumstances around the loan that indicate you are extending it in the capacity of a trade or business, it will be considered ordinary income.Keep in mind that the tax rates will not differ between ordinary and passive income unless you sell the loan for a gain/loss.

My constraints are that I am only 24 and do not have any previous lending history nearly to this capacity, as well as having limited knowledge on how to structure these deals with subdivisions.