But, my intention is to have another place to post besides my normal venue and help others towards success, without anything in return.

It depends upon your intentions.

The intent is to separate it from the payment (assume the lender will go along with it; i've talked to them, and they will), and put "rental" income on paper, so that it could be used by the LLC satisfy debt/income ratios to secure financing on another income producing property.Can anybody cite code sections prohibiting this if so, or any relavant federal or Georgia statutes?

They might been off by 1 number (accidentally) or off by 9 numbers (intentionally).

I think we are all pretty sensitive to it now and we need to "explore" a person's intentions a bit more before we jump...:)

Many attorneys will intentionally provide lame notes because (one because they are not finance types, ) in the event of any future problem, you'll end up knocking on their door for help and they start the clock again.

One question I still have about Solo401ks, though, revolves around the self-employed "business" requirement.It's my understanding that you can use a newly formed business, as long as it has the intention of generating revenue for profits and making significant contributions to the plan.

While I feel he is trustworthy, I have no intention going in blind.

Only a number of members here have access to the MLS - you'll be better-served by providing the details as well as your intentions/strategy.

toni, i bought a pair of duplexes in my neck of the woods with the intentions on flipping about 5 months ago.