What you do there is once a week, or twice a month, or whatever, you write yourself a check from the company bank account to you,the company employee, and if you don't have the funds in the business bank account to cover that check, then you stick it in a drawer, and you cash it or deposit it to your personal account when your business account does have the funds available.You can set your 'salary' as low as minimum wage, and then just give yourself 'performance bonus' checks quarterly, again, with the appropriate payroll taxes applied, for any overages over your 'wage.'

The decision to lower it came in after 2 quarters of skyrocketing inventory.

Seems like lots of water bills I see in the City are hundreds of dollars...I guessing per quarter?

. ($15k purchased/renovated to HUD Sect 8 standards, $8,400/yr rent GUARANTEED BY HUD) I own exclusively in 43612 (OK) and 43608 (low income, higher crime, black...and I will have a dozen SFH Sect 8 rentals there in the next quarter).

We're getting a fourth painting estimate, but at this point I'm not all that hopeful.

2013 Home Sales 3rd Quarter @Brandon S.

I knew some states didn't allow a fourth month, but since I was writing it from what I would do, ....

Short term I want a total (including the current two) of 6 properties, 5 generating cash flow, by first quarter of 2018.I kind of fell into the first investment by just renting my house instead of selling it when I got orders.

This was for a purchase of $180,000:Home inspection -$535Appraisal fee - $435Origination fee - $899Homeowners insurance(first year) - $8091st quarter property taxes -$1,163Initial escrow deposit -$1,365Title insurance - $532Legal fees - $700Government recording charges -$470There were a bunch of other miscellaneous little charges, but these were the most substantial.

New Hampshire has a "Business Profits Tax" of 8.5% (in 2012) and Tennessee has a "Franchise Tax" based on a defined Net Worth of the property and an "Excise Tax" of 6.5% (in 2012) of Taxable Income, with quarterly withholding.