This might offer more security but also could complicate tax reporting.Taxation of Y as an S Corp:If Y is profitable, electing S Corp status could reduce self-employment taxes, but it also comes with more stringent IRS rules.

Is it common to use a buyer broker/agent when purchasing apartment buildings?

I plan on demolishing & doing ground up construction, with common areas including garden beds, light workout area & gathering space . 

Is some of it for common areas? 

Common sense stuff ;-)

We usually stick to either refinishing the oak floors, which are very common in our 1960s Milwaukee housing stock, or quality LVP and LVT - especially for kitchens and bathrooms.

Norton Healthcare and UofL Health are two of the largest employers in the region, and their ongoing expansions are creating even more opportunities in the medical field.

also open to attorney recs who could help us with this This is pretty common, there would be a loan agreement and then a deed of trust in virginia and a mortgage recorded in florida.

I would like to get a fairly accurate figures for my modelThanks much Hi Marinta,For a 2 BR unit at Beach Villas @ Ko'olina, here are some expenses:Monthly AOAO Dues:  Approximately $2200/mo and it includes:  Cable TV, Internet Service, Other Common Expenses, Sewer, WaterElectricity:  Varies but I'd estimate $200-$300/mo.Property taxes:  Around $2k/moCleaning:  Around $200 per cleanMaintenance - minimal as units are very well maintained.  

They then wait until July 23rd to tell me that they want me to be employed in my field for a year before final approval, closing was supposed to be the 26th, thankfully the seller accepted a continuance until August 19 as I would pass the 1 year mark on the 14th.