In that structure, you form a C corporation as an active business - real estate development, restaurant, retail store, etc.  

I spent the past weekend visiting the community, eating at restaurants and learning as much as I could about the local market. 

We meet on the second Wednesday of each month at 7pm at O'Leary's Restaurant and you're more than welcome to join.

Building details:4-Unit Mixed Use, asking price $1.75M: 1st Floor commercial (currently rented to restaurant for $4,900/mo)2 Bedroom - 14002 Bedroom - 13503 Bedroom - 1600Since this is a waterfront property, it also has 12 boat slips on a dock!  

My wife and I love it down there with the shopping, restaurants, equestrian interest, the vineyard, and socials.  

Small town under 5K people18 spaces with 3 empty'sOf the 15 occupied spaces the owner owns maybe 8-9 of the homes themselvesOf the homes they own, most are 70's I think with in the 80's and one 2000.She mentioned that she is selling some of the others on payments to the tenantsThere is a metal  maintenance building on the property as well.Lot rents are $200Park has city water and sewer with shut offs for each home.

There are no other 1 bedroom home sales in the town, the green house foundation is transite board (asbestos), and the property has an old steel septic tank that hasn't been pumped since 1992, so the lid rusted shut.

I propose we meet at a different member's project each month; when that isn't practical, a restaurant.

Too many declined transactions, you either pay a fee or get shut down.

I have tried everything from management in the restaurant business, to driving over the road in a tractor trailer trying to find a business that can grow beyond the heights I can reach physically.