Your goals are admirable but I would hate to see your desire to improve a neighborhood get in the way of your personal success.

I can see the logic for the S corp election to minimize the impact of SE tax...if #2 were correct (as it would for house flipping).My CPA has done an admirable job thus far (I used him last year for my personal tax and this year since this is the first year I've owned a real estate investment), but I fear his experience in the subtleties of real estate taxes may be minimal; something that I will have to address.Oh and Charles, I just saw your video interview with Joshua on this website.

You've started in the right direction =)The quickest way to jump start your REI is by wholesaling/bird dogging.Investors are always looking for new deals and you can generate quite a bit of money doing it.I admire your ambition!

@Ali Boone I admire your courage for investing out of state for you first time.

Funny Story - I have a really close friend that did the very thing you are doing (rock climbing, living out of a camper van) in college - I always admired the fact that he was one of the very few in our group of friends that gave "everything" up to actually do what he loved and enjoyed!!

I admire your wherewithal.

@Esteban Camacho while I admire your determination, are you sure this is what you want to do as a first deal? 

To be honest, very admirable you left San Diego to go to Cleveland to get your investing career started.

Seems like you are eager to get started and I admire that, just make sure you have your due-diligence set in what it is you want to get into, that will drive the ship.

It does an admirable job of describing one of my favorite features among many others: keyword alerts.