You are making it unnecessarily complicated.Simply, create your own corporation in which you flip properties.

As long as the rent covered all expenses, including the mortgage payments, then the source of the funds to make that mortgage payment is the rent...which comes from the tenant.If you started "helping" the tenant make those payments, you are spending added money on that property unnecessarily. 

-not sure who said that, but you're far more likely to make a dumb or unnecessarily risky decision right after you hit a home run on a deal.

I do feel like people are going overboard painting brick unnecessarily lately though.

It's not optional.This is a good start: https://www.mass.gov/the-massachusetts-lead-lawIt literally takes a child ingesting a chip of lead paint the size of a quarter to cause actual brain damage. 

It sounds to me like what you're are putting together is a syndication; many real estate entrepreneurs are unnecessarily afraid of syndicating a deal and that's probably due to the same factors anybody is afraid of anything; lack of understanding, and experience.

i like the idea of sticking him with the costs of court because he is making life unnecessarily difficult.

And by creating LLC for your Solo 401k you are gaining checkbook control, which will make management your investment a lot easier.HOWEVER, I see that you are unnecessarily over-complicated your set up by using Advanta, which is a Third Party Administrator, not a custodian.

Will cost lots of money and indigestion unnecessarily your way at your scale IMO.

Risk mitigation is by no means the least of the advantages of professional management (with the emphasis on professional).By doing it this way, it's my assessment that an encumbering LLC structure is not only unneeded, but also a very inefficient and unnecessarily costly means of holding rental real estate for an individual like myself.