Whitney,I am the Director of Sales and Servicing at Sherman Bridge.

I have personally thought about doing this, setting up a C-Corp with my family to act as a board of directors, and own each new investment property as a separate LLC, it sounds good and probably works well but lets talk about some other concerns.Firstly while most lawyers myself included could probably help you navigate those 3 points above, if you are seriously considering the umbrella company strategy I think it would be prudent to search out a skilled asset protection firm.

However, de minimis amounts you pay for tangible property may be subject to capitalization under §263A, if the amounts include the direct or allocable indirect costs of other property you produced or acquired for resale.

Once you get all of your systems in place and have the right team members performing the tasks for you (leasing agent, maintenance man, marketing director, etc.) then why not start taking on other properties?  

The housing director of 40 years was fired.  

I am the executive director of a housing authority (non-subsidized).

About three and a half years ago, I left the sports industry and became marketing director for a CRE services firm.

The only way to continue that credit standing will be by having those previous owners, officers or directors in that organization.The ploy is to start a company, open lines of credit with known or even related creditors, build up the credit and spin it off saying you obtain the same credit lines with those creditors or that it gives you an open door credit wise to other creditors.

If there is a board of directors go to a meeting and plead your case.

The instructor was the executive director of the local rental property management association.