I think I have it narrowed down on how I want to initially structure my new business (an LLC with S-corp destination so that I don't have to pay both Personal Income Tax on profits + Business Corporate Income Tax; I would only have to pay Personal Income Tax on profits).It's quite a bit more expensive ($1,000-$1,500) to use Real Estate Attorney to get business started vs using LegalZoom for approx $350+State Filing Fees (for their Express Gold Service).Two questions:1) Do you think my structure is good (LLC with S-corp designation for tax purposes)?

Their motivation will play strongly in that scenario.David J Dachtera"Success is not a destination.

With national headlines as a destination city, state capitol, strong employment etc. etc. and gorgeous builds and renovations going on in these neighborhoods I predict 2016 will be a strong year. 

Your total indebtedness on revolving lines will be part of the credit utilization calculation.David J Dachtera"Success is not a destination.

I am thinking I am either going to be driving to Colorado, Or Washington I'm not sure yet I plan to be at my destination either Monday night or Tuesday morning I'm not sure.

Just let buyers know that you're doing your brother a favor when you do showings, deal with agents/brokers, etc.Contact an attorney before proceeding, just to be safe.David J Dachtera"Success is not a destination.

I believe I remember the statistic that Texas medial center was the number one destination by foreigners a year or two ago.

Still less than rebuilding, but you almost need to get it for free just to break even, I'm thinking.David J Dachtera"Success is not a destination.

For $48K at 4% for 30 years, I get a monthly payment around $230 or so.David J Dachtera"Success is not a destination.

Ok well here in Navarre(or more people have heard of Destin or Fort Walton Beach) I'm believing you will have some ties here in the not so distant future.