Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.2) Regarding taking a distribution from a 401k plan and then paying back within 60 days: the issue here is that there is a 20% withholding requirement so if you distribute $10,000 you will receive $8,000 (since 20% is withheld) but you will need to deposit $10,000 within 60 days so you are effectively providing Uncle Sam with an interest-free loan equal to $2000 since you won't be able to recoup those funds until you file your taxes.

Several variations, but allows breakdowns for multiple employees, and various other things. 

Hello wise syndication veterans, I need your help as I evaluate my 1st syndication, $100k investment.

If I assume a 50% occupancy rate, that would be $900/month less the 20% management fee would net me $720/month, with the mortgage and utilities and HOA coming in closer to $1400/month.I wanted to reach out to see if I am a) looking in the wrong areas of Orlando when evaluating $60/night on an AirBNB rental, b) spending too much on a condo to come in at 1400/month and expecting to turn a profit in Orlando, or c) looking into a condo when I should be looking at a single family home to turn a profit?

@Jerryll Noorden Im curious about how you evaluate a deal and determine what to offer the seller.

It is better to be a business owner than an employee.

KPI = Key Performance Indicators.They are the items you measure and/or monitor to evaluate your experiment.An example.You invent a new engine in hopes you put Ferrari to shame.Your KPI could be the time it takes to go from 0 to 60.

I know it's bad, but that can't me more then a couple hours of work, and for a $10 an hour employee.  

A bit of background: My mom is the landlord (70 years old), she has an existing employee that is keeping the books up to date, but for various reasons, needs to go.

*CHPA – Corporate Housing Providers Association Annual ReportCorporate HousingCorporate Housing is a lodging solution that is traditionally transacted between corporate employees that need a monthly lodging solution and is found through businesses that provide fully furnished private residences.