I suppose that most of the time MLS listings are over priced, but I've been finding deals in my local MLS for a very long time. 

However, the s-corp (or LLC I suppose)  has things available to them that can be established like defined benefit retirement plans or SEP IRAs.  

So, I suppose I'll go around asking more questions but it seems that setting everything up right at the beginning is the best thing.

How is a landlord supposed to collect from a S8 tenant with little to no income? 

I suppose if you were being really friendly about it, I guess the funds could be sent directly to the entity taking the Note.Remember, your friend is now the lender. 

There is a big difference.Social Services to me means section 8 housing vouchers, food stamp existant, and other welfare benefits.Social Security (whether you agree with the program or not) is based on repayment of money you earned while working and supposedly placed into a trust for retirement.

I suppose the one advantage of being a non-licensed wholesaler is that you don't pay MLS fees.

That is EXACTLY how they are supposed to work!

EVERYTHING -- has a lifespan, nothing is suppose to last forever!     

I'm losing money $300 to $700 (with the last rent) each month on what was supposed to positive cash flow $176 a month on paper at 6.99% interest rate.