MF is a different beast, but can be a blast!!!

As such, a corporation whose primary income is passive is in-eligable for the small business tax rate and will pay income tax at the highest corporate rate.Trusts are another beast altogether and while they have a useful place in wealth management and distribution to family, you are not going to need one starting out.What I would advise is that you create a bullet list of your near, mid and longer term business objectives and then sit down with an account who specializes in business and real estate to create a roadmap for your business growth .... this will identify whether it makes sense to incorporate at the outset and, if not, when it would be appropriate and how things should be handled in the interim to mitigate the taxable event at the time assets are rolled-over into a corporation.

One is an evil, high balance, front loaded beast that will eat you alive and when you put your money in, it's gone until you sell or refi.

They're just enormously strong beasts.  

Not to go too far afield from the original question but this town is different from any other towns with trains because we are  our own little slice or paradise...when you throw your line in the ocean you pull out a plump tasty fish and when you scatter some seeds you grow our own special datil peppers to make a tasty hot datil sauce to brush on your tasty fish...and then throw some oysters and clams on the beach fire grill...we have oceans where you can surf and skim board and Intracoastal where you can Kayak and windsurf  and marshes where you can see pretty pink spoonbills and historic streets and buildings where you can dress like a pirate and drink rum and go argggg....when you can live here NO ONE I repeat NO ONE wants to live by the tracks...so to the original poster I say I would NOT buy anything on the railroad tracks ! 

It's not difficult to work within the law, and doing so will not cost you profits, in my opinion.Rent control is another beast entirely, but that's also not just CA specific.  

As for Columbus OH being a cash-flow area, maybe, i don't know another market to compare it to other than Cleveland which is a whole 'nother beast, Columbus might not be the cash cow the internet purports, I think there's tons of potential it might be hard to find deals if you're operating out of state though. http://www.dispatch.com/content/stories/business/2...I work for a developer in the area and we are switching from building apartments to homes/developments.  

She is simply put a "Beast" at this real estate thing.

“I’m calling from the devils house and the Beast, and I’m not done with you yet!”

It's really a totally separate beast.