In order to use Boarder income to qualify, you have to be able to document shared residence for the past year with that person and continuation of that arrangement.

At that point in time, it's all very theoretical, unless the LENDER arranging the Appraisal is basing their LOAN amount on a set percentage of it, and/or it's already under Contract for a specific amount.Your future LENDER'S appraisal will trump any earlier appraisal.

The timing on this news was horrible and I was beyond upset, because had we known earlier, I could’ve made different arrangements. 

Starting out with tenants on a month-to-month arrangement leaves you financially very vulnerable.

I still have a full time job and would not be able to "work" for them but I'm sure that something can be arranged that helps me meet my investing goals (buy and flip/hold) and provides them an incentive for me to work through them.

Account ClosedNo, UBIT does not apply.Yes, the individual who used his 401k funds to invest in his own business can draw a fair salary as one of the main reasons of using the ROBS 401k arrangement is to finance your own business and you are required to be a bona fide W-2 employee.

Please contact me ASAP to arrange details.

They typically pay me to set up their listing, arrange for cleaning and maintenance teams and run each home like a business and make them passive income in return. 

You won't really know what a person is like until you work with them, so start off with an informal arrangement, and then work deal-by-deal until you have enough experience with the person to know that you want to get into a more formal partnership.  

@Jon Huber- Firstly, I've been wanting to arrange a meeting near me to discuss RE for a while now, and reading your post about that will hopefully help me stick it out to the end.