He also wants to source some residential to buy and hold as well as flip.

I got the idea from BP episode #332 but need help on some specifics..I have a list I got from List Source.

You are NOT solely responsible for their success.

There are cheaper money sources.

Of addition sources beyond just bigger pockets to learn.

I would say HR department source of issue as it is really odd that they would add commentary or not confirm likely to keep working same hours.

You will also learn management and maintenance or at least build up a reliable source of folks to trust for those endeavors.

If the house is in bad condition can I receive a 403k loan and use it to help finance a portion of the conversion or would I basically have to use it solely on fixing the structure as a 1 family unit? 

Will they do all of the following:Ask for YTD paystub & W-2Verify employmentObtain bank statement to cross-reference payroll depositsVerify rent payments & lease violations with last two landlords and verify they are the property ownersMost won't.So, either learn to screen applicants yourself (plenty of source material here on BP including our blogs https://www.biggerpockets.com/member-blogs/3094/93296-how-to-screen-applicants-like-a-pro-part-1-verifying-credit-reportsOr screen & hire a PMC to do it for you.

That number adjusts not solely by acquisition prices but by purchase prices relative to rental income potential.