Additionally, income from an active business inside of a retirement account will be subject to UBIT (unrelated business income tax), so be sure to consult with a qualified tax professional about the implications. 

I try not to mix friends/family and business, history usually proves it doesn't work out.

To me RE is a hands on business where stock investing is just that investing in someone else's businesses.

I'm looking to build a wholesaling business around SFHs here in Southern California (Riverside County, specifically), then expand in time to MFHs, possibly commercial.

Here’s my honest opinion; not trying to be overly critical, just hopefully constructive adviceYour plan sounds like a newbie with no money and experience trying to wholesale Look, wholesaling real estate is a BUSINESS.  

Since I last posted we now have seller lead service, skip tracing, API integration for direct mail and a mobile app for managing your business on the go.

Which will bring plenty of other investors and general business to the area.

I've already stopped cash bleeding in all areas of my business over the past 45 days and I am freezing all improvement projects and released some existing staff.  

Rehab delay city allowed repairs during business hours only.

Hope to further widen my business and network through this amazing community.