You cannot have employees.

At 400 units you’re almost certainly dealing with professional management, part-time and full-time employees, maintenance on amenities (pool, gym, etc.) so it’s a little tough to put all of those into a simple deal calculator.

That friend is doing real estate for over 20 years....and his main focus is Flipping houses as fast as 30 days to 90 days...I'm a self employee that barley pay bills ..Business is pretty bad..

@Faustino Ramirezreach out to to the administrator of the 401K plan at work and see if they allow you to take loans against it.Some 401K loans allow employees to take out the lessor of 50% or $50,000 from their 401K($50,000 in your case).

I am trying to figure out how my Florida Licensed Real Estate Brokerage can manage the rentals held within my IRA without being considered a disqualified person or an indirect benefit.I am thinking if a unrelated employee in my office was compensated for the monthly management and receipt of the rent checks to my IRA but delivered to our office and then deposited into the IRA bank account it would not be considered self dealing or disqualified. 

A LLC is not necessary until you grow to the point of having employees.

(b) employees (W2 earners)(c) rental property income (Schedule E)(d) all of the above 2) What, if anything, needs to be done to take advantage of this benefit? 

@Mike HayA hardship distribution is one that is made for an immediate and heavy financial need of the employee, his spouse, or dependents. 

Is it any different just because my employees put on the roof?

Today it's $2.2MM and rising 20% per year (would be rising more if I was keeping it all for myself instead of spreading it around trying to help my kids, fiancee and key employees build wealth for themselves.)