I've just been reading Nassim Taleb lately and he talks about this kind of situation all the time. 

If electing S Corp status, pay yourself a reasonable salary to avoid IRS scrutiny.To be honest with you, you don't need any kind of Corp for tax savings unless you reach a certain amount of net income.

Interesting, I was aware of how they work in my state, but not about these kind of differences. 

It could also be worth it to test the market and see what kind of offers you receive. 

--> These values will often change what kind of PM company you use.- Understand the role of trust. 

You can be firm while still being kind.

Any kind of cashout refi or heloc will require income (ability to repay) and decent credit.

Below is the link of the property:https://www.loopnet.com/Listing/927-Dixon-St-Tiptonville-TN/...No idea why it would be listed in the title unless the owners took some kind of government incentive that requires them to only lease to section 8 tenants.

The DIYers are welcome, but these kind of deals take a solid 150-200 hrs for the average first timer from start to finish and a minimum cash position of $175k (if you DIY the design/furnishing; more if you want to be hands off).  

Now I reach to others far ahead of me before investing in these kinds of syndications. 3.