The assets are always managed by a particular management company - but what happens if the operating/management company folds for whatever reason? 

Hi Dave, We have a GC and Custom Home building Business Located about 10 miles from the Intel site.

I have worked with a turnkey company to purchase a couple of SFH so feel free to reach out and I can share my experience. 

A 401k is typically offered by a company, i.e. your employer. 

Some property management companies specialize in STR's and that may be a good option for you.

Even if you were an employee of the company a savvy SEC attorney will tell you that you need to be paid a salary and not commission based.The promote point has been addressed so I will not add to that.

I am a homeowner who purchased my first home two years ago trusting a real estate agent (assigned by the mortgage company) who did not seem to have my family's best interest in mind.

We use Fresno Management Company.

As a side note, I know there can be some issues with a landlord "acting as a utility company".

Could he enter into partnership with us forming a whole new company where he contributes the property as equity and then we refinance the property at the price we agree on and we use that money to pay him as a silent partner.