Somewhere along the line payments would cease and the creditor would discover their asset was gone.

So glad you've discovered Bigger Pockets at this point in your investing career...sounds like you've got great experience that will make you extremely valuable in the forums, too!

The overall theme that I'd like to convey is that (a) tax and financial strategy vary from individual to individual, (b) tax and financial strategy are integrated and must be approached holistically, and (c) while you should retain qualified professionals to assist you with the various components of your tax and financial strategy, you must remain an educated investor to ensure that optimal results are achieved.   

I have also just discovered that even in the best case, S-Corps cannot have more than 25% of their revenues come from passive streams for three years in a row; the IRS would automatically convert the entity to a C-Corp. 

It is the Visa, Mastercard, Amex and Discover that make more of a difference.The best thing for your credit is taking out loans and paying them back.

We were able to save money by taking on much of the physical renovations ourselves (with expertise from personal connections) and discover areas where outsourcing provided more value.

This is worth far more money for you than anything real estate can do for you at the moment.https://www.marketwatch.com/story/this-government-...https://www.npr.org/2018/10/17/653853227/the-stude...You need to also learn the important components of debt. 

But he’s never really told his money story that led up to this massive real estate success.Today, we talk to J and discover that in his 20s, he knew nothing about money, investing, or real estate.

Thats the issue, how to address when you do discover their “plan.”

I then routinely monitored the onlin property tax records each year to make sure the taxes were paid and lo and behold, I discovered the property had been transferred without our consent.I then contacted the Buyer and told him he has 30 days to pay us off.