April, A lot of these education programs/clubs are not necessarily "scams" per se, they're simply a smarter way for those people to do business and market to customers.

I wasn't planning for this to be a cashflowing deal per se -- just an idea I'm exploring to give a new home to my parents and maybe leveraging their current home in a creative way, if possible.

Furthermore, you don't have to worry about avoiding SE taxes since your rental income is passive.So, you already have the benefits of passive income. 

That probably wouldn't work for a flip per se, as they're generally intended to use for buy and hold rentals...

Well, if you're looking for a RE tranactional atty, Gary Kahn in SE Portland does a good job.  

There are reporting requirements for S Corp and you need to have enough active income above your "reasonable salary" to justify the extra overhead to save some SE taxes.

Where are you located in SE Mass?

I focus on SE CT and also keep my eye one Central CT.

Let me know if you have any SFH in the Old SE you want to divest from :). 

I just listed my 16 unit property (located just SE of Dayton) and I plan to list my 8 unit soon (located in Wilmington).