Be careful because perspective tenants will call their animal a Service Animal when in fact it is an Emotional Support Animal. 

What is the best way to structure the 2nd deal from an entity perspective?  

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

Hey GuysI can speak from the perspective of a lender who does a lot of 203K's and 203B FHA loans.  

We all give advice that may be considered good or bad depending on perspective.

Not that it's valid, just that it's the perspective of many agents.  

My business had a recent shift of direction and strategy for our company, and it will involve us selling all four single family properties we own.

The utilities are paid for by the owner so I am planning on shifting that expense to the tenants which would increase cash flow quite a bit.

You apparently are planning to use a FHA owner occupy (House hack strategy) loan based on the 5% down payment.You have to analyze this from two perspectives.  

Also-I'm interested on your perspective of Sec 8 tenants.