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.

I initially used MLS listings so I can teach myself how to analyze deals so when I did find a good deal, it gave me enough practice in running #s so I can pull the trigger. 

I actually rent some commercial space downtown Ashland, the hair salon next to Nicks Pizza.

Like you, I have been reading and educating myself about REI for quite sometime and I feel I am ready to pull the trigger.  

I found your other post and the average rehab cost to get a property back on the market was very helpful as well ($1400 every 18 months is pretty close to my estimate of 2% of property cost at $980 per year so I’m glad I’m in the ballpark).Let me ask you both, at some point purchasing for buy and hold in this area would be worth it (at an extreme example, any of us would pull the trigger if it only cost $1), so what would it take to make this deal look positive in your books?

You might have to find a small type catch all brokerage that dabbles in residential and small time commercial.These types of firms do residential and a few land sales and occasionally a small gas station or inherited type small building commercial.For the experts that only do one asset class the small deals like this do not make sense as they typically have a lot of (hair) on the deal meaning many issues to work through.

In addition to damage to floors, grass, woodwork and walls, we've learned that dog hair can cause problems for hvac units and bath tub drains.

I am about to pull the trigger on two houses in Baltimore city.