I offered to buy the property from the $28B foreign company which kept them from having to tear down the buildings to mitigate the vagrant problem and also from their obligation to pay the rail road for the long term lease.

If electing S Corp status, pay yourself a reasonable salary to avoid IRS scrutiny.To be honest with you, you don't need any kind of Corp for tax savings unless you reach a certain amount of net income.

I would rent 3 or 4 on long-term to get someone in and paying right away.

I got the duplex for a very good price so I financed more money than the cost of the house so I don't have to pay for the rehab out of pocket.

Quote from @Chris Seveney: Quote from @Jay Hinrichs: few things if these are sold to homeowners were the dodd frank rules rigidly followed when you did these.if they are sold to investors then DF doe not come into play.while credit and such matters keep in mind note buyers will want a 12 to 20% or more annual return..

If your side could rent for $1,400 then that's what you should pay so you have money to set aside and build a reserve.

If you don’t pay the tax when you transfer the stock to them they’re going to owe the taxes on your gain and you haven’t really “paid them back”. 

A pool can be a big liability, but can also be a bonus for the right tenant that is willing to pay extra for that amenity.

It seems like you’d get at least an extra $100/mo and it would pay for itself.

I'd offer to pay more in commission than what you think is the "going rate" (not your exact words but what you are wondering) on my first deal or two with agents so that they are enticed to work with you.2.