My expertise spans residential construction, and I recently started my own virtual residential construction consulting business to share my knowledge and help others succeed in the industry.I’ve successfully flipped multiple homes and am now looking to expand my investments in long-term rental properties.

Hello Brody, Sounds like you need to plan ahead and have a high level mortgage planning consultation so you do not run into problems and lose money.

I'd recommend consulting a local contractor or real estate attorney to ensure all changes meet city codes and to help streamline the permit process, especially if you’re aiming to use the properties as rentals on Airbnb.

@Renee Ren before you make any investment via Fundrise or any other crowdfunding marketplace, please carefully review the liquidity mechanisms as described in the offering documents and consult an experienced securities attorney if there is any ambiguity.

thank you very much. a lot to digest. it sounds like if my Solo business takes my existing 401k (only 401k funds I do not have roth funds) and my business pays me to flip homes and consult, then i can put my funds directly into the 401 solo plan. i will definitely reach out to my accountant as well. 

If your purpose is for legal protection I would consult an attorney.  

If you’re planning to expand your portfolio or want to maximize your understanding, consulting with a CPA upfront could set a solid foundation.Your understanding is generally correct.

The tenants who rent those units are college administrators, physicians, consultants etc.

Having clear, mutually agreeable terms can prevent misunderstandings and keep your options open.It’s always best to consult a real estate attorney to ensure the contract aligns with your interests, particularly if you foresee independent deals.

The issue I often encounter with this line of thinking is that investors frequently fail to consult their lender about what is permissible.