I'm a salaried employee for my company and have a standard w-2 for the majority of my income but in the last year i've started doing things on the side like the occasional wholesale deal or some remodeling work, both of which I get via paid cash or wire.

He is not a W2 employee and doesn’t have much credit history because he doesn’t use a credit card very often.

As a truly passive investor the property manager who leases the property from you will pay for all interior maintenance, insurance ,RE taxes, and furnishings.You should be able to lock in a guaranteed return of 20-25% ROI based on cash flow alone.If you are a business owner with no full time employees consider starting a Solo401k in which to own your RE properties.

I have been wanting to buy a property for a couple of years now but I am a 1099 employee, so getting approved for a loan has been very difficult. 

(if any employees - depending on the state, also recommend it if you are using subs)- Business Auto (possibly)- Cyber Liability (especially if you are reliant on online payments, reporting, or advertising)The coverage will be best provided by a Commercial Insurance Agent.  

Regardless, my business was changing and with all the growth I had seen, the new employees, even those who did their best, just weren’t me and it was obvious in my business.

Amazon is building a new $250M distribution center there and will be hiring 1000 new employees which will be a major economic boost.

Additionally I gained liability insurance in the LLC's name and had to produce notarized letters stating that there were no employees or company vehicles so no need for worker's comp insurance or vehicle insurance.

Our employees go through a long check list before renting every car.

Most if this likely will cover overhead, like employees, an office, etcAbout $20mm in Acquisition fees, which will be split up depending on GP ownership.