As you mentioned, the other part of the equation is more individual in nature...our intended lifestyles and what each of us gives up on the W-2 side.  

Do you know other investors that are interested in this type of rental property or are you yourself interested in additional properties of this nature?

I could make the second bedroom (85 sf) much larger by incorporating the Pantry (24.7 SF) into it.

There were so many things we learned, and the biggest is we now incorporate or consider the rehab of the property as an exit, as you will see, trying to sell a <$50,000.00 house As-Is makes us little to no profit & sometimes can be a loss.

Hi BP, Any suggestions on how should Incorporate my real estate investment biz?

I have worked in corporate america for over 15yrs and investing in real estate part time since I was making $70K on job...

To help fund "one of my whys" of educating humanity on the principles and natural laws of the world.

You can earn strong returns in a passive nature while (if you want to) continue to learn how the big players do it.  

My client needs to incorporate funds for rehab in with her mortgage.

@Dan Carlini, I have been incorporated since 2009.