I can't define that as I am unfamiliar with your market.

There are rooming house regulations that defines a rooming house if four unrelated adults reside under one roof.

To better define the way i am trying to go is in Multi-Family and or Apartments.

Give yourself a few months to become familiar with your local area and define then refine your strategy.

All you need to do is define the funds you want your TSP to go into (I put 50% in the C fund, 30% in the S fund, and 20% into the I fund).If you want to discuss further, please feel free to message me.Regards,Allen Fletcher  

Not sure if interest and dividends will help that much, but I know with enough rental property I might be able to attain that goal.One thing I worry about is the IRS not considering my passive rental income exempt from self employment tax because they define me as a "real estate professional"

Could you further define "we", please?

Good question, the law actually states:Code Sections 44-7-31, 44-7-32, 44-7-33, and 44-7-35 shall not apply to rental units which are owned by a natural person if such natural person, his or her spouse, and his or her minor children collectively own ten or fewer rental unitsSo, it doesn't really define what they mean by "rental units".  

Not to mention that the tenant profile is greatly defined by the fact that it's a multi kind of place.Now - say you are surrounded by SFRs.

You can consider forming an LLC with a clearly defined operating agreement and how everything works.