I'd speak with the company that you have your 401k with and understand how they structure their loans and what fees may be associated.

I'm starting to get antsy, and I'm starting to tell my wife over and over again, How much I HATE working for a SET WAGE making other people rich.That being said, I feel I'm a pretty smart guy, went to college at 17, there I earned my Associates Degree, chasing a vision of helping people with addiction and crisis by working in Psychology.

Join the local apartment/landlord association, start going to meetings, and network. 

He would also have expenses associated with the entity. 

A "Realtor" is simply someone who is a member of the National Association of Realtors (NAR), which is a trade group.  

In fact, the slower speed and higher degree of difficulty associated with obtaining SBA financing is due to the significant and unique hurdles the agency faces in conducting its business.

Your in CHCH so maybe give Lewis Donaldson at Harcourts/Canterbury Property investors association a buzz and see if he has seen/heard of similar clauses?

I know there are risks associated with being over leveraged.

According to Anthony Ascuitto who seems to be associated with it___Personally I use a PM and they use Buildium and I'm happy with it from a client point of view.

Essentially 20% of the rental’s net income is tax free.Most owners have mortgages on their property and most banks do not allow mortgages to be associated with an LLC.