Now, most of these smaller banks may only have 12 employees or so.

Don't start spending money based off a conversation with a govt. employee. 

I buy a lot of stuff from Lowe's and I know it's as hard for them to hire good employees as it is for all of us.  

Perhaps they offer employees a special discount on loan fees.Also since the market appears to be in the main area of the city, knowing the current vacancy rates and time on market (as they change) for the different neighborhoods of this main area would be a good thing.

As my attorney explained in an analogy, "if you are an architect, and work for an architectural firm, the blueprints the employee creates are the property of the client and/or the architectural firm.

However, in that case and if you are self-employed with no full-time w2 employees working for you, you could set up a Solo 401k with a provider that allows for 401k participant loans, rollover the funds and then take a loan from the Solo 401k.3) Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

However, in that case and if you are self-employed with no full-time w2 employees working for you, you could set up a Solo 401k with a provider that allows for 401k participant loans, rollover the funds and then take a loan from the Solo 401k.3) Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

When a house flipped is forming a business and have employees and a team, what would all this be under.

In most states, you can hire someone to manage your properties as long as they are a salaried employee and they are only managing for you.

A single-member LLC that is a disregarded entity that does not have employees and does not have an excise tax liability does not need an EIN.