Section 8, along with a few other HUD & Veterans Administration/Small Business Administration coordinated programs assure very high yields.

Your approach is correct, and I've solicited services to other experienced investors (even put a post on BP asking to yield 2 to 4 hours a week to administrative or any tasks that I can assist with).

Instead of a broad repeal, the administration is taking more of a gradual, piecemeal approach to rolling back or amending provisions of the legislation.

@Kurt Johnson  Would you mind suggesting a plan administrator for your LLC owned IRA etc?  

The details on the particulars of that process are something I need to look into further, but I believe that there are many custodians and administrators that can make this happen for an insignificant cost, compared to the upside down the line.With one of those accounts, you can then invest in real estate (or virtually any other type of investment) just as you would with your after-tax non-retirement dollars, but with deferred gains as in the 401(k).This leads me to this conclusion:Given the before mentioned benefits of self-directed retirement investment accounts, it seems like a savvy investor could have his cake and eat it too - he might be able to take a great employer match in the early working years, hustle to build a real estate portfolio outside of the 401(k) on the side, and when he makes the transition out of his job, switch the funds over to a self-directed fund and begin investing in real estate through that.For the past year, I've become extremely interested in these self-directed accounts.

I am acting as the GC right now and my wife is helping with the administrative side, so we are just looking for a more organized way to make this work.

Also the minority partner would have to be ok with the salary.I would say $50 - $60k threshold for totals profits to determine if all the extra administration work, filing and fees is worth the S-Corp election.

So there has been rumblings of the current administration trying to find additional tax savings anywhere they can.A crazy notion has been to look at doing away with the 1031 exchange.

We are also fighting the current administration in Washington D.C. over being able to haul coal into ports for shipping coal to China. 

The estate agent is also obliged to inform the parties about any circumstances concerning the security of the deal (art. 1759 Codice Civile).Other industry professionalsThe Italian estate agent will work closely with a local "Geometra", a draftsman, who generally does many jobs for them on the bureaucratic and administrative side of real estate, floor plans, measurements, surveys, "Condono" formalities, mortgage and titles searches etc.In view of the many complexities of Italian bureaucracy, many small offices have arisen which are dedicated to collecting certificates, documents, making searches etc, so their use can also be of invaluable help to the agent.The agent will have a favorite Public Notary to bring his clients for the signing of the deed, with whom a rapport of trust and understanding will be developed.