CliffNow explain the cost of setting up each entity and maintaining them annually.

I can give you a book recommendation that explains this well.

There are usually terms explaining what happens if seller can’t perform.

Was it your agent who did not fully understand or explain to you how to properly use it?

I already explained to you that the appreciation people use in their pro formas come from the fastest growing major cities in America which coincidently also crashes the hardest during downturns.

I have LLC's S-Corps and one time a C-Corp, and I can't claim to be up to date on all tax laws, which CPA's have to be, and have them explain my returns if something goes wrong, particularly if they sign off as preparer.

I dont care to explain my frustrations further offline but I guess I will say this. 

As I think cashflow is quite important at the beggining (but gaining equity is more important in the long run), to start off I have thought about sub-renting, renting from a mum and pop landlord and explaining very clearly (and maybe paying extra even) I want to airbnb it or rent by room for students.

Quite honestly in that scenario I get frustrated with the seller's agent because you know that The agent if they were doing their job would explain to them that that is not generally how these things go and that they are being unreasonable. 

Provide specific examples and explain the impact on other tenants.