The only acceptable reason would be because of poor credit or outrageous debt-ratios due to self-employment or unability to show income, etc.Work with someone to obtain unsecured credit lines (hint) to obtain working capital.

This income is subject to a self-employment tax.Disadvantages of Sole Proprietorship .One of the disadvantages of a sole proprietorship is there is unlimited liability.

If you took the money that you were to invest in a college RE program and invested in some quality re courses it would seem that you would be much farther along.don't get me wrong having a degree is great, but it is not something that I needed to become a a real estate agent or real estate wholesaler or landlord, all of which I currently do.Unless you plan on seeking employment in the real estate field with a firm or something like that, where you need to be hired I would advise skipping the degree.I went into real estate so that I could have time freedom and financial freedom, and it has brought me a lot of both, but if I were to go and get a JOB in the real estate business I am sure I would probably lose out on both.

SUBCONTRACTORS OR ASSISTANTS: The Tenant/Buyer, at their own discretion and expense, may employ assistants or subcontractors that they deems necessary to perform the services.

For sustainability of continued investments, , and my desire to work less in my 9-5, I lean towards B/C neighborhoods with strong cash flow returns and good commute times to employment centers, and make it the nicest property on the block.

He provided a Job acceptance letter from his new employer showing that he'll make 4 times the monthly rent requirement, which is great.

If you can stand it, consider staying in, it gets easier as you mature and advance in rank.You'll work twice, maybe three times harder than you are now getting out and trying to get started in RE, there is nothing easy about RE or any other self employed venture.Education is not a gurantee to success, but it does open doors that are locked to those who have less of it.

I mean when you first find a broker and decide that you would like to work under them, what's the "employment" fee?

-Put bold information in the ad about easy qualifying for the property ( but of course you want to screen with a criminal background, verify employment, credit, evictions, ect). 

Following this process will help you maintain the tax advantages associated with your plan.Is this 401(k) with your current employer or a past employer?