Through my employer I have a 403B.  

Major employers are Abbott Labs, Pechanga and the hospitals.  

Because it sounds like they do the job of a property manager, and unless they are all business partners, I believe they have to either be employed by you directly or licensed property managers to do leases, evictions, collect rent, etc., at least in the states where I do business.  

The income itself will be taxed the same way: Self Employment taxes plus your marginal rate. 

Credit, employment and the ole "SKIN IN THE GAME" cliche is more necessary today than it ever was.

After leaving the service he was employed with Proctor and Gamble in sales.

I'm employed full time with roughly 45k gross income, have about 20K in savings and 260K in an IRA that I could roll over to a self directed or solo 401K.

They're fully-employed, albeit in blue-collar positions.  

Being that I now actually qualify as a "first time home buyer" and my verifiable self employed income is relatively low, I thought it could be interesting to check out what's available.Please feel free to connect with me directly with a response is that's more appropriate.And thanks again everyone.

@Patrick SnokeIf you are self-employed look into opening a solo 401k and then investing it passively in trust deeds/promissory notes secured by real estate.