Then, when the property is still cash flowing for you that $1000/month, you can accumulate the funds then to buy your next property to cashflow.  

Accumulated depreciation is $14,545.

That may be important to you depending on how much you have in assets, and how many assets you will accumulate over the next 10-15 years.There are also some tax advantages to owning an LLC that you dont get with personal holdings, check with your accountant.Just my 2 cents.

A C-Corp generates accumulated earnings and profits. 

Hey everyone,I've been doing a lot of reading over the past few days on BP about how to get started in RE investing and the different strategies that investors utilize.My question is about wholesaling...where and how do you guys accumulate a list of people that you want to market to whether it be absentee owners, probates, pre-forclosure etc.

Just seems silly that people who maintain great credit scores, have worked hard, accumulated a lot of wealth in real estate and assets, cannot get a simple refinance.

I'm not exactly afraid of commitments as far as finances go, but working a job just to keep on top of bills your always Just-Over-Broke, and your exhausted when you get home and you always want to get some rest so your prepared for a better(or easier) day at work the next day, elsewise you'll be first in the cross-hairs on the at-will list for companies to lay off or fire.In the last 2 weeks, I'd say I've accumulated about 100 hours worth of searching real estate ad's, reading books on real estate, forums and the like, and I am leaning towards an FHA 203k loan, or something similar such as owner financing.As it is right now, I am set to start my new J.O.B. next week, but I am expected to work nearly 70 hours a week my first few months there.I think a "stupid" question is far better than making a "stupid" decision!

This way, as you accumulate more properties and can't manage them all yourself, you have adequate cash flow to hire one.

That gave me confidence to purchase additional rental properties which I currently manage myself.I've flipped only one property and it was a huge success but for whatever reason, I have only concentrated on accumulating rental units.

You also want to be certain that there are no screws being used to hold together the connections of sections of duct on a dryer, since those screws become points of lint accumulation when their tips get inside the duct.