A landlord buys and will at some point sell, they will finance, manage, repair, renovate, they may employ others to find properties, the may end up doing lease options, seller financing, you might sell the note, you might find a heck of a deal and decide not to hold it but flip it....you get the idea.A capital company can do all of these things as the top of a pyramid or on a lateral structure.

That makes the income subject to employment taxes.

We both have old 401ks from previous employers.  

I can't think of any business that employs humans that does not make mistakes.  

I am still learning the basics about loan options.I have very good credit (650-700) and no recurring debt payments, but I am self-employed.

Are there major employers hiring?

I am in the terrible situation of not being able to receive traditional financing because of my short self employment time.

I'd love to be able to do this full time someday or at least be able to generate 50k per year from this in addition to my current employment income.I've been a landlord for about 6 years now so I'm not necessarily new to the business.

But if you don't pay a salary, then you end up paying this in self-employment tax anyway.

@My Lo,First, if you have a 401k with your current employer you are most likely not going to be able to do it, typically current employer 401k can't be rolled over until you are either no longer employer or reach a retirement age.If your 401k is with the past employer then you are free to move those funds into another retirement account.