(S-corp is a tax election that you can do later if you make over a certain amount of money. 

If you're looking for something you can retire to later but use at least in the short term, there's plenty of home subdivisions in the area.

Sometimes people get in over their head and find it easy to use other's people money thinking they can later "reimburse" them. 

Sold 2 years later for $275,000 What made you interested in investing in this type of deal?

The seller apparently ignored this notice.Twelve days later, the city conducted the re-inspection, and the seller was charged $151 in re-inspection fees.

Was doing a short on it before and they gave payoffs of double the amount owed, cancelled the mtg once, reinstated it 6 mos later, and showed on her statement that the "lender paid expenses" in one year were $999k!

The IRS, on the other hand, tries to argue that the business has NOT started until a later date.

Did they hire a new employee who is renting to friends and family or does not know how to screen or collect late rent? 

The same properties through FF get "shoppers" - people wanting an application, lease, etc and then change their minds about  6 days later.

Now I am looking to just get a conventional loan then do a cash out refinance to pay of heloc later.