I cannot argue with a straight face that the market value fluctuates monthly and equates the actual monthly collection.The overall idea of using an S-corp to control SE tax is valid, but it needs to be implemented differently. 

@Mike Loy, As a realtor you qualify for a Solo 401k, which has many advantages over self-directed IRA, here are few:Contribute 10X more than into an IRA (up to $61,000 per year per participant)Access up to $50,000 from your retirement account tax-free and penalties-free at any time prior to retirement via participant loan featureExempt from UDFI tax on leveraged real estateInvest tax-free using Roth 401k sub-accountCheckbook control without use of an LLC Custodian is not required = no custodian, transaction or asset based feesYou can read it in more details here:https://www.biggerpockets.com/blogs/2810/21298-sol...The bottom line is that if you qualify for Solo 401k - it would be way better than an IRA.

If you ask the right questions, you will control the direction and outcome of the meeting, right?

Are you a self management type of guy or are you okay with giving up some control?

one thing we had to deal with though in our area is rent control..its a great business and well position quality parks on city water and sewer are about as bullet proof of cash flow investment as one can make in my mind.. once the coachs are there they done move. especially if they are pit set..

They emailed to me and the Board president, saying that everything's under control, they spoke to the plumber and made sure he is aware to stop all work and call them when he knows what's going on.

The neighboring house is also a rental controlled by a property management company.

Report the dogs and the property to your local building inspector and animal control officer.They should be responsible for the fence not you.

Then, I would create a state-specific lease with addendums that cover major issues such as maintenance, pest control, pets, rent payments and so on.

It will give you greater control and you are going to shell out that amount anyway if you pay the county and redeem it.