I'll start looking into what it will take to roll-over my 401k from my previous employer into a self-directed IRA.Thanks again!

Decide which service provider you wish to use and engage service, when new plan is established you will rollover you assets from an IRA to 401K.

However, i want to attempt to answer your question about the acquisition fee rollover.

BeyI wonder if your friend exceuted a ROBS transaction to fund his business (see eg: https://www.biggerpockets.com/member-blogs/3441/44596-rollovers-as-business-start-ups-robs-is-not-a-participant-401k-loan).  

If not by funding directly, can I roll over my 401k or ROTH IRA from my full time job into a self directed account?

I then backdoor rollover to a ROTH IRA whenever I switch jobs so that I have flexibility with the funds. 

Does that mean we all should roll over and not make our voices heard. 

I plan to manage and upgrade the properties and rent-roll over time.I now have a trusted individual who wants to passively invest.

Also thought about purchasing a second property using my rollover from 401k when I changed jobs.

@Sean HarrisAn alternative to taking a 401k distribution is taking a 401k loan.If the 401k you are referring to is your current employer 401k, you may able to take a loan from the plan.If a former employer 401k, you likely can't take a loan but may be able to rollover funds to a Solo 401k which does allow you take a 401k loan.If you are self-employed with no full-time employees and have funds in a former employer plan and/or non-Roth IRA, you can set up a Solo 401k, rollover the funds and then take a 401k participant loan.