Its kind of like treasure hunting for me.

Ideally I'd like to have the corporation pay expenses directly or it will look like income if it is transfered to me or some kind of expense reimbursement both of which would be taxable personally. 

I was thinking $100k because I'm imagining all kinds of capex expenses coming up and want to ensure I have enough reserves to handle them. 

Well I invested to help a friend put a camper on it and we kind of talked about trying to go into business together. 

Instead of focusing on just money, you should focus on what kinds of work do you find exciting, meaningful, fulfilling?

I've never had a listing anywhere near this price range but I would begin to research the kind of people my buyer's would be, what kind of jobs they would have, where I could meet and find them.Secondly, I would get professional photography of the property and expose the home on social media and pay for ads on instagram, facebook and anywhere else it would make sense to.

It sounds like you have a cushion and some time to do some more digging and hopefully get an idea on what kind of tenants they are.

Hello @Felicia West,The BP calculator or any algorithmic calculators for that matter aren't going to provide that kind of accuracy that you could hope for, however, if this tool is married with raw data from PMs that are actually managing rental properties in the market that you are investing in, then it could be very useful in making projections, but it's not end all be all.

You won't get any kind of a warranty from a old resale house. 

I'll gather answers in a single email.1) What kind of deal is this?