My husband's employer closed their doors in 2012 and, after working for the same employer (a builder's supply company) for almost 30 years, he was fortunate enough to become a "full time" investor utilizing his knowledge and contacts to build sweat equity in the properties we purchased. 

If your 401k is with the current employer you most likely will not be able to roll it over until you are either no longer working for this company or reach retirement age.3.

I got notification today that they found a tenant, ran all the checks (eviction, credit, criminal background, etc), called the previous landlords and employer, etc. 

I have a 401k from a former employer that I would like to leverage to our new business.  

Hi @Natasha Sadikin  the most you should be contributing to your IRA is 15% and that is taking into account your employers contribution.Do you have any personal debt(car loan, student loan, credit cards)?

The tenant can also, if they choose, set up direct deposit from an employer using the routing number on the deposit slip.

I would be open to purchasing something in need of moderate renovation; I have a good deal of experience in residential construction seeing as my father owned a construction company and employed me for roughly three years. 

In order to qualify and shelter some of your earnings into Solo 401k plan you need to show active, earned self-employment income that is subject to self-employment tax.If you own multiple properties and manage them yourself you could possible charge yourself a management fee.

Long term, I'd like to move into more of a commercial portfolio-- storage units, large multi-families and Triple-net leased strip malls and/or manufacturing buildings in the Twin Cities.I'd like to weave this guy into my business from a right-hand-man ESOP (employe-owned) standpoint.

If I am a salaried employee, then the LLC pays 7.5% employment tax, and I pay another 7.5%.