@Nicholas HamblenAs others have sated, what you are tying to do is prohibited if you perform the work on the properties.To learn more about the 401k rules, see the following. https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-prohibited-transactionsAnd to learn more about UBIT, see the following.  

Some advantagesTruly passive incomeAbility to write off visits to the property/locationLow chance of impromptu or emergency situations from tenants/usersThe diversified market risk from your primary residence marketIt seems most disadvantages are related to non-passive activities or the desire to participate in the management or care of the property.

@Arindam ChatterjeeSuch transaction would run afoul with the prohibited transaction rules. https://www.irs.gov/retirement-plans/plan-particip...

6 percent is pretty low but that’s what you get in order to participate in a proven teams investments.. 

It starts with a devotional then a real estate topic or speaker. 40-60 participants every week.

All wholesalers get a blue participation ribbon?

I will be purchasing the property out of an equity fund I participated in so it will not be hitting the market. 

Maybe somewhere down the line, there will be a change in how math works, and 1 - 2 won't equal a negative 1 anymore, and you'll get "participation money/profit".

Brand new to BP and would love to participate in a Zoom call.

No individual unit lease on residential property shall be terminated or nonrenewed on the basis of the participation of any tenant or member of the tenant's family in a tenants' organization or association.