I regularly mentor people here in Columbus, Ohio

UBTI exposure is not impacted in any way by a Solo 401(k), thus my clarification.There are 3 layers of alphabet soup here:Tax on UBTI  (unrelated business taxable income) is generated when a tax exempt entity engages in a trade or business on a regular or repeated basis. 

It has two units, but the house is only a legal one family, looking to possibly purchase it and live in one of the units and rent out the other, one as a Airbnb or just as a regular rental would need to get some kind of financing to make this purchase by being only a legal one family a conventional mortgage I think would be out of the question.

- Even though we structure it to be like a regular LTR as much as possible, ultimately this is still a partnership and the two sides have to have a certain level of trust/respect that's beyond a typical landlord/tenant relationship. - For the right people (landlord who wants hands-free ownership but achieve higher than normal LTR rate, and arbitrager who has the skills and extra bandwidth, AND has confidence in their own ability), I think this kind of arbitrage model is a win-win.I'll be operating in the Triangle area. 

I recently decided I wanted to figure out a way where investing passively, truly passively, is possible  being a non-accredited regular gal!

Most of my projects are regular SFHs, so I make them appealing to the majority of the typical buyer pool.

It is the perfect home for me (as an airbnb) but it's undesirable to a regular person since it's dated (its a late 1960's home).

I somewhat understand why the cities are trying to regular airbnb's out completely. 

Mold requires moisture to survive.

@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.