Hey BP

So I want to start real estate investing but am unsure of which, in any, business entity I should utilize at this point. I intend to buy between one and four properties that may or may not be in the cu...

Don't you have to incorporate that into the plan?

I can copy and paste them as text to a word document but they don't really resemble a receipt anymore and the home depot logo disappears.

Like setting up entities, doing business plans, setting up a website, creating pretty logos, etc.

here is part of the proposal:STORE SIZE & LOCATION:The demised premises will consist of approximately 2,000 square feet.Said premises to be located in the Shopping Center as shown on the attached site plan.LEASE COMMENCEMENT:Upon mutual lease execution and Landlord’s delivery of the demised premises.TERM:The Term of the lease shall consist of a period of ten (10) years commencing one hundred twenty (120) days from the date Landlord notifies Tenant that the premises are ready for possession or upon opening for business, whichever date shall first occur.RENTAL: Tenant shall pay Rental during the first year of the primary lease term an amount equal to $31.00 per square foot on a triple net basis.Tenant’s annual rent shall escalate at the rate of three percent (3%) per year.Said Rental will be payable in equal monthly installments.OPTION TO RENEW:Tenant shall have one (1) five (5) year option to renew this lease.The Rental in the first year of the option period will be three percent (3%) greater than the rent in year ten (10) of the primary lease term.Annual Rental shall escalate at the rate of three percent (3%) per year.PROPOSED USE:A first-class frozen soft-serve yogurt operation similar to other Frozen Yogurt locations and for no other purpose (to be further defined in lease).ADDITIONAL CHARGES:REAL ESTATE TAXES:Tenant shall be required to pay its pro rata share of real estate taxes and assessments on the land and improvements on the shopping center site, estimated to be $1.25 psf.INSURANCE:Tenant shall be required to pay for its pro rata share of fire and extended coverage insurance on the building, estimated to be $0.29psf.COMMON AREA MAINTENANCE:Tenant shall be required to pay for it’s pro rata share of Common Area Maintenance costs, estimated to be $2.44 psf.LIABILITY INSURANCE: Tenant shall provide liability insurance in keeping with the requirements of the Landlord and/or Landlord's mortgagee.STORE FINISHES:Landlord will deliver the demised premises to the Tenant with RTU’s in good and working order but otherwise in “As-Is” condition.All improvements will be at Tenant’s sole cost and expense.SIGNAGE:Tenant may use its logo and colors for said Signage on the fascia of the said premises as long as it is subject to the Landlord’s sign criteria and governmental agencies governing the project.SECURITY DEPOSIT:A Security Deposit equal to $2,500 is due upon execution of this Letter of Intent.

Incorporation is an option but is expensive to setup and maintain if we aren't getting much cashflow.Shooting from the Hip - Possible Solutions?

I keep seeing on wwww.homepath.com the logo for homepath mortgage and homepath renovation mortgage.Does anyone have any experience using these as an investor and is there any different treatment vs getting my own financing through my local bank?

I've recently learned that it's not necessary to incorporate before I begin and it can wait.

Yes, I am a broker but I have been in corporate sales for the past 9 years.  

Thank you.I was thinking about option #3 & #4.unfortunately the architect seems to be charging a significant amount for any design changes, that's what lead to the failure to communicate in the beginning.Here's some numbers:Floor Plan Existing 1,085 SFFloor Plan Addition 1,183 SF2-Garage 441 SFDesign Cost Rough $10,000No scope of work define and No specifications.needless to say the Architect of record is no longer associated with this project.I think I will approach them with option #4 to scale the scope of work down, and incorporate option #3 to find way and cut cost.Thanks You very much.very Helpful.Cheers