I don't see anything in the law that says they're excused from this requirement if they turn their keys in early.I would love to see something in writing to support this. 

Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.

Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.

Make a list and deliver the security deposit back to the tenant minus the repairs; supported by invoices.

You will also meet some really great people that support this group such as Lawyers, contractors, mentors, real estate agents, etc.. 

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

The key will be finding the company, in your desired market, that has the technology in order to support that style of REI. 

When you have a sizeable down payment and good credit, there are numerous loan options for cash flowing rental properties, even when you don't have a job.  

Turnkey rentals and investing in apartment syndication are backed by real estate, so I’m supportive of both.

@Tony Sepassi  As mentioned, typically when you see people doing deal after deal in quick succession it is because they have a lot of cash socked away ready to deploy, not because they found some super rockstar deal that allowed them enough cash flow to save for the next one that quickly, although there are some great deals out there.As mentioned, my preference on deals are the value add deals where you may buy at a 5-6% cap rate (although that is very thin for anything that can't support on site, full time manager/maintenance personnel), but have the opportunity to raise rents and receive a 30% ROI on unit renovations, so typically 150-200/mo per unit.Most people going after 3-10 unit buildings do not seem to know the first thing about underwriting, or could care less about their return on investment.