Also, take time to understand Arizona landlord-tenant laws to stay compliant and protect your investment.

Live in one side for a year to meet your residence requirement for the loan.3.

@Kwanza P.Here you can learn more about non-recourse loans:https://www.biggerpockets.com/member-blogs/2810/46115-real-e...Here is a list of lenders offering non-recourse financing to Solo 401k:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...You protect your property by purchasing insurance. 

An LLC is useful for two things: anonymity and legal protection.

Nothing builds credibility more than telling your lender that they are protected with loan documents you got from a stranger off a website.  

So in lieu of responding directly to the resident(s), I figured I'd touch base with the BP community to provide some insight.

As Jay mentioned they must be NMLS licensed if owner occupant of in several states even commercial needs licensing.The NMLS is like the database, each state has a division of banking that oversees lending requirements then you also on the federal level have CFPB as well as consumer protection laws.I want to add that I believe yesterday the CFPB is undergoing changes, but if it goes away that does not mean that many of the laws in place especially consumer protection laws would go away. 

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

This is advertised as a “protected” note as Aloha is supposedly fronting the first $100k in the line of loss.

When purchasing a small multi family property as a primary residence.