@Matt Bacenet, so glad you are thinking about Turnkey properties, I hope you read as much as you can before pulling the trigger.

While researching deals, you should start building your team (realtor, attorney, lender, etc) so you are ready to pull the trigger when the time comes.Are you targeting any specific areas?

I've done some prelim analysis and spoken with a couple of contractors, but have not pulled the trigger on a deal yet.

I have been doing the research on it for awhile but I just have not pulled the trigger on the whole thing.

My parents had a god awful marriage and it really made the idea really unappealing to me.And I don't want kids until I am financially independent because as harsh as it may seem, children are just walking liabilities.

However, if you do get an inspection or reported the consequences can be extremely harsh. 

Hey BP community, I'm a fix-n-flip  investor in training who's studying the business and analyzing deals before pulling the trigger on my first solo flip.

I have been running some analysis on a bunch of different properties and will hopefully be pulling the trigger soon.

I was looking to do a cash-out refi to take money out while locking in lower rates, but now that the properties are in the S-Corp, I am unable to transfer back into my name to refi without creating a taxable event.I am wondering if there are any strategies to moving these out in a tax advantaged way (I expect there will be some cost to doing so).Some strategies that have come up in other conversations are:1) Form LLC and issue a note to the S Corp with the properties as collateral... then if S Corp defaults on the note... the properties will be transferred with out triggering taxes (although cost basis would remain the same)2) Have appraiser apply discounted valuations on properties due to lack of marketability (I am only a 50% owner of the S-Corp).  

I couldn't believe that triggered it.