Again, the point is not to split legal hairs or be argumentative.

The second: I was unable to find anything in the Virginia Code which affirmatively enables this kind of incorporation strategy.

The unions have the hospitals by the short hairs out there.

I think 3 of my hairs turned grey instantly...

If the deal was that tight that $2,000 makes or breaks it, then reconsider but if you ran the numbers based on asking price and they work (and you did the numbers correctly) - a cash flowing deal is better than no deal.Only caveat to that is if you are short on funds and looking to invest in additional properties immediatelyAnd you have a better deal in your cross hairs.

Of course you can partner with a cash investor but it won't be a zero down deal to you for hair getting seller subordination.Some strategies to get seller subordination is half money now and a way higher purchase price later. 

@Tony Roddenberry my buy and hold properties are running just a hair under 5% interest and I use either 15 or 20 year ARMs. 

Have been involved in the construction industry since 1976 as a residential and commercial contractor, specializing in residential remodeling and commercial hair and nail salons.I carry certifications as; home inspection, mold inspection (both residential & commercial), mold remediation, UST/AST.Since 2012, have been associated with a large investment group rehabbing 2 to 3 properties per month.

Karate school, green dry cleaners, hair salon, restaurant, doctor's office, etc.

On August 12, 2014, the Illinois Appellate Court affirmed the trial court’s ruling in1010 Lake Shore Association v.