Currently I go to school for hospital administration and it also teaches about marketing and real estate on a certain level.I also listen to podcasts in my spare time and try to soak in as much knowledge as possible.

A new teacher had to rent a studio in a  multi-family house considered a "drug house."

You should look to see if the potential savings will outweigh the administrative costs.I would not put the properties that you intend to buy and hold into the S-corp.Let me know if you have any additional questions.

Below are 3 things to consider in addition to fees when selecting a custodian/administrator for a self-directed IRA.1.

I feel like talking to a drug dealer when talking with them. 

Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Income: $4000/month ($2400 3bd/1ba & $1600 1bd/ba)Profit: $1600-$1710 a month depending on utility costsTo keep costs down my wife and I did as much work as we could, such as painting, installing kitchen cabinets, laminate flooring, light fixtures, etc.

We were also out $150 for our cleaning company and a couple of weeks rent.This was an overdose and the insurance  didn't cover any drug related damage but did cover damages from body in unit for several days.

It can be quite good for landlords, but each program administrator runs their office in their own way.

If I were to create a graph or chart that shows out of 10 possible candidates to hire, and show the amount that have a drug or alcohol problem, you would be shocked.

Some will charge a percentage each month but also a start-up fee, a leasing fee or lease renewal fee each year, administrative fees, maintenance fees, etc.