You’ll have double income: from your business – active income, and from your portfolio – passive income, etc.Cons: Your own business is much more risky than just working as an employee.

Self-directed IRAIf you are self-employed with no full-time w-2 employees, you can set up a Solo 401k & rollover funds from a non-Roth IRA as a tax-free direct rollover and then invest in real estate.A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation: Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

Granted, the heavy mental stress of running the kitchen (kitchen employees are a strange, rare, exhausting breed) really wears me down... but I was ok this time last year and cranking forward. 

The saying hire slow and fire fast applies to PMs as well as employees IMO with the exception that good PM’s are so hard to find that I recommend holding on to decent ones if the relationship is at all workable.

Leases, vendor agreements,utility service, loan documents, personal guaranty, review title, any employees?

The only other way is to set up a payroll system, make everyone an employee, have workers comp, and have everyone's taxes taken out immediately instead of at tax time.

Brokerage Can not and will not set your working hours without you being considered an employee for tax purposes. 

It was near my other property and being sold by an employee.

You seem to have an employee mindset. 

But generally it takes a while for a new employee to get integrated into the firm operations#4... yikes.Here’s what I’d suggest:1.