It's one component of an overall strategy and can be advantageous.

But whatever small or large amount of responsibilities she does decide to take on, she should see them through amidst school, social life, etc.

In fact, I'd take down this post as BP IS social media! 

Assuming the plan document permits it, you can then perform an in-plan conversion, converting the funds to the Roth component of the plan. 2) Back to your specific case, sounds like you have a Roth IRA, so therefore makes more sense to simply establish a self-directed Roth IRA with a custodian that permits real estate holdings. 3) If you eventually claim active earned income through your business (income you pay income taxes on and payroll taxes - Medicare and Social Security) then you can look into a solo 401k at that time.

But we have had to cancel the last few months with social distancing restrictions. 

Here is a stab at what I think you are asking:A BRRRR will have a rehab component, which will add value to the property. 

Take some of your own properties that have a value-add component and look at the numbers.

Purchase price: $256,000 Cash invested: $256,000 Sale price: $256,000 Beds: 3baths: 2Square Footage: 1,297 sqftCOMPS: 2 similar properties sold in Apr 2020 - for $287,500 and $315,000 BUT both 2 BR, 2 baths WHEREAS my property is 3BR.CMA available on request.Asking Price = $256,000Monthly Rental Estimate (as per Comps) = $1800-$2100 Friday and Saturday - with social distancing rules in place!

If they see the property, then I'll accept an application (no view, no app, sorry)When I get an application, I review it and do some googling and social media investigation and if everything seems ok, THEN I submit them for the background/credit check.

I assume they are collecting through social security/retirement accounts.