In order to make the aforementioned possible, we have chosen to go with remove the formal dining room since they are so passé these days and enlarge the kitchen and incorporate it into the family room.

@Jorge Ruiz  ... incorporated cities put together an annual financial statement.

Are there any other reasons for or against incorporating for this?

I have an LLC company I incorporated in 2011 (completely unrelated to real estate).

I have an LLC company I incorporated in 2011 (completely unrelated to real estate).

There are actually 24 incorporated municipalities in Pinellas County, and each City/Town has its own rules and its own red tape.Here are couple of interesting articles on the subject specific to St Pete and surrounding cities:http://www.tampabay.com/news/business/tourism/st-p...In short: "renting a home for less than one month is illegal under city code.

Heres what Ive incorporated into my list so far according to List source.Geography - Staten Island, New YorkMortgage- Selected all mortgage and Clicked (Matured Mortgage) no preference on maturity dateProperty- I selected  (EQIUTY $) with a range of equity from 50,000 to 80,000, i couldn't go any higher and figured less than 50,000 might be too low.Demographics- Selected (Household) and chose a range of age from 35 to 65 years old.Foreclosure- Selected Bank Owned REO Property.

I like your idea of breaking those individual task to a daily assignment to keep me pre-occupied until the next property and will definitely incorporate a similar system.

I currently do not have an incorporated business or a business name as well.

I just looked at my articles of incorporation and don't see anything that would limit my LLC to a specific industry.