I originally started off as an OOS investor from CA and have been pretty happy with my decision to invest here.

And what I suggested to the original poster was:"What caught my ear was audits and W2.So, my approach would be to have a back up if your CPA/Enrolled Agent or Attorney says it's okay to do as you've laid out.

Some DSCR lenders will allow up to 5%, which would include Origination and any rate buy downs. 

As I stated in my original post, the major red flag is that I got the lien, in an online auction, at 16%, the maximum interest rate in a bid down state (Arizona).

Original to the building?

Since the Rent was paid on February 1st and refund requested was on April 8th, that's already over 60 days window on original transaction date.. 

Should I try to get them to extend term to 24 months and drop the origination fee to 1%?

Originally posted by @Luke Carl:@Andre M.

But in an S-Corp, if you simply *transfer* it to another entity that you own (like a SMLLC), the IRS will treat that transfer as if you sold it to yourself.This is the disconnect.If you originally held the property in a SMLLC, or a partnership, and transferred it to another SMLLC or partnership (IRC 721), there would be no deemed sale (all else being equal.

I am also actively looking in the San Antonio area along with my partner who is originally from there.