I'm looking for advice from those of you who are seasoned and well versed in the real estate investment world.My background quickly: I've been employing the buy/hold/rent real estate strategy for the last 8 years or so.

I worked a W-2 for 40 years -- NEVER did the bank put money into the wrong account, my employer not pay me, blah, blah, blah.I am a sweet looking little old church lady. 

Investors should be leary of one employer towns like Fayetteville.

Then a precedent will be set and all sorts of those transactions will be dug into.To quote a favorite movie of mine: Your scientists were so preoccupied with whether or not they could, they didn't stop to think if they shouldSince the Great Depression financial institutions and banks (hereafter “FI+B”) have gained greater power over U.S. workers and corporations/employers (see attached charts).This is how:STEP 1: FI+B pushed bad loans to those who can’t afford them, bundled this junk debt into CDOs and CMBS, then rating agencies pressured by these financial firms committed fraud by selling these securities as investment grade securities.

These type's of loans do not require employment or W2 income.

I recently changed jobs, and I have $187,000 in my 401k at my previous employer.

She says if I now add private lending as described, that would classify me as "in the business" of lending money (brokering) and thus create another tax return or schedule and an added 15% self employment tax.  

Anyone else remember when Bernanke's refinance on his personal home was denied due to self employment <2 years, even though he was making $250k per speaking gig and one speaking gig would be sufficient to make well over an entire year's worth of payments? 

I was getting $1,200/month in rent and I was self employed and had family in the area (with their own rentals) so small maintenance items were easily handled. 

Gothca  I have lived and been working in real estate through 3 mid level corrections and one Massive that we all went through 08 to 2011.. and each was for a different reason.. and as such  the next will be something we probably have not thought about or what have you.. although in reality as I look at my business and how business has been transacted the last 10 years.so much inventory was bought with cash ( smart people LOL) and lenders finally figured out 100% liar loans were not to bright either ( finally got it cost them trillions but they finally got it)So the only ones I think that are really in any kind of peril in a drop is this new crop of investor who does max leverage and refi to you die and is too aggressive in building a portfolio over short span and does not really have the expeirnce or never lived or worked through a correction and does not have proper reserves to weather a correction.others will be just fine.. so many more investors ( other than the BP got to have max leverage or your an idiot crowd) are in fine shape and so I don't see a big crash coming but no question we correct we slow down..you will always have the community were the major employer fled leaving things not so rosy or the base closing or on the flip side areas like Charleston SC that's just steaming ahead billions upon Billions of dollar flowing in for new jobs and factorys  IE Boeing  Volvo  BMW  Mercedes etc etc. but you rarely hear investors on BP talk about that market because it does not cash flow ( minimum down max leverage) like other mid west markets.. so we will see..