@Linda WeygantCorrect, but we don't what other activities have taken place in the history.

@Chad BaileyThe following IRS document sheds more information on the ROBS 401k program. https://www.irs.gov/pub/irs-tege/robs_guidelines.pdfAlso, here is how the ROBS 401k program works in a nutshell.A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate corporation issues stock shares to the 401k/PSP for the benefit of the participant.The 401k participant must be an employee of the corporation and he or she may take a reasonable salary.The corporation owner's family members may be employees of the franchise business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.

@Lacie GilbertYou should document how you intend to split profit and loss. 

If you use a different LLC for each flip how can you build a financial history for lending purposes?

They will need 12 months of Mortgage history, cancelled check and bank statements showing you paid the home on time for 12 months2.

The tour starts on the Eastside trail and takes you south, by air conditioned bus, along the trail, with a guide who talks for the next 3 hours about what the Beltline is, how it came to be, the history of the neighborhoods, the real estate development happening (why I went), and what the path of development is over the next decade.

It is hard to predict it but if you are trying, why not choose a city that has tons of jobs continuing to move there as well as a 50 year history of sustained growth.  

It comes down to 3 things...Screening, screening and screening I can't stress that enough make sure to ask prospects the right questions and also verify income, job history and rental history.I used to check people's social media for extra due diligence.

That way I have a document showing what she is promising me in terms of performance, and that I can hold her accountable for.

@Yetunde IjamsHere is a copy of the Alberta Residential Tenancies Act ... a good place to start.Then you can visit Laws for Landlords and Tenants in Alberta for additional information and  sample documents.