This works OK for relatively static and simple investments like a private placement or crowdfund, but can become rather cumbersome and expensive with a more time sensitive and transaction intensive asset such as a rental property.

ya MikeOH needs 'sensitivity' training:pissed::shoot: He's not yelling when he types in all caps, he's just talking louder to make sure you notice it.

Luxury Vinyl Tile, but it cannot be the super cheap one - the LVT gives you a more resilient covering versus the laminate that may be more sensitive to water, with tenants occupying you want to give yourself the best chances.

If you get these metrics wrong then you have to adjust your rental price for a 4-person office down to a 2-person office because people are more price sensitive than space sensitive in this world.

INADEQUATE PROTECTIONS FOR FINANCIAL INFORMATION“Business owners should guard their financial information very carefully, both inside their business (from employees who can use the information on behalf of a competitor or to share sensitive data with customers) and outside (for example, from people who might obtain a judgment against the business and then place a freeze on accounts that they are aware of).Consider using a bill-paying account that is funded with only enough money to pay the bills.

It was like pulling teeth to get information sometimes.

- there are those pesky 'profits' that you paid taxes on.If I worked for the IRS, I'd say: you had 100k in profits, and you were actively involved - some of that should have been paid to you as salary so I could sink my teeth into it.The fact that you chose to re-invest your 100k in profits gives you 100k in 'investment' that you may withdraw later tax-free, but does not exempt you from FICA this year from your 'profit generating activity' in your S-Corp.

I doubt you need to do the QT in CA.. there is NO right of redemption in CA... there is only the right to set the sale aside if the party who lost it can prove that there was not adequate public notice. ( rare as hens teeth).most title companys in CA will insure after 1 years time though.

I own a few properties in Poughkeepsie. both the city and the town. i think its a great area for investing. as with any investment, need to do your due diligence. first i would ensure there is a c/o or that you're getting it below market value. a lot of Poughkeepsie buildings predated the requirement to have a c/o. it can get costly trying to legalize it after purchase. tenant base is fine, decent amount of section 8 but i like not having to pull teeth to collect rent. i havent had to do any evictions in city of pk but i have in neighboring areas and its doable but a long slow process (5-6 months). any other questions feel free to reach out.

HML are very location sensitive  so finding a lender as close as possible to your deal will benefit you.but you do have an uphill battle from what you have described.