You have already asserted that it's true and accurate!

You'd start off getting your salesperson license (i.e. agent), which entails 60 hours of course work called "Principles and Practices."

Provide some credible evidence to back up your assertion.

Although probably will entail some negotiation after the inspection.

There is a lot you can do with those kind of funds in STL that doesn't entail so much risk.St.

One property for one entity also entails more year end accounting and the additional costs associated but if you place more than one property per entity the person suing can go after both properties...better to place each separately...IMHO!

Dave, thank you for all the details as I have truly no clue what this business entails.  

The numbers would have to work, of course, above all else.If it is a crappy location and still cash flows, then great, but be prepared for being in a crappy location and all that entails.

We were able to successfully lower taxes on our first property - check with the town to see what the appeals process entails.

The cost is tax deductible and not a bank breaker considering all that is entailed and what I'd spend on attorney fees.