As I said, I think it can make sense to buy and hold real estate personally AND inside retirement accounts. 

Make sure to ask the bank if they will report the business card to your personal credit report. 

I was wondering what everyone's experience with establishing a legal entity for REI has been like, and when do you recommend a person to do so?

Keep an eye on the latest trends in real estate investing while creating a plan for moving back home once again.

The property is a great deal so I'm hoping to refi down the road in the event interest rates come down to a reasonable value, then maybe repay most of the personal loan at that time.

He's now planning on purchasing a suite (like Black Eyed Peas) but the return might not be as great the last time we looked at numbers.He obviously enjoys owning since he went and purchased another one years later, and is now looking into a third unit.I'll give you some rough numbers on the smaller unit.

Actually, there are two points Dave and I do not see eye-to-eye on - at all. 

I must not be the first one that is concerned about personal safety.Thank you!

Essentially my idea would be to sell 1/2 my interest, pay off the existing loan, and be "partners" with this person as long as there is a defined exit strategy. 

The court defined as “where a person intentionally intrudes, physically or otherwise, upon the solitude or seclusion of another or his private affairs or concerns…if the intrusion would be highly offensive to a reasonable person.”