The minimum credit score is 620 from Fannie Mae and Freddie Mac (if you recognize those names). 

Your LLC now has inventory worth 100k (note that no expenses have occurred yet for tax purposes)3) You sell the inventory for $140k so your LLC recognizes $40k in ordinary income.

PA does not recognize 1031 on the state level. 

If that can be proven, instead of them being able to go after the assets that specific LLC owns, they can try to go after personal assets. 

Whereas, an S-corp is recognized on a federal level therefore it follows a different set of rules.

No offense, but if someone brings a paying "student" into my business I will be nice and helpful, but will never have the same respect for someone that is actually 110%, back the wall result driven with a proven track record.

If there is no gain recognization because of 121 exclusion, there is no benefit of paying yourself a commission because you do not use commission deduction against your gain but you get taxed on it (again).   

Unless you have very deep pockets, are investing in a well known and proven never lose high appreciation market and have loads of cash to park that you will never have any use for.

I will provide detailed numbers below, but suffice it to say that this property barely breaks even after expenses and has proven to be a worthless use of the significant equity I hold in the property.

He has a proven track record.