There were so many things we learned, and the biggest is we now incorporate or consider the rehab of the property as an exit, as you will see, trying to sell a <$50,000.00 house As-Is makes us little to no profit & sometimes can be a loss.

Hi BP, Any suggestions on how should Incorporate my real estate investment biz?

I have worked in corporate america for over 15yrs and investing in real estate part time since I was making $70K on job...

My client needs to incorporate funds for rehab in with her mortgage.

@Dan Carlini, I have been incorporated since 2009.  

Possibly new laminate/tile flooring (currently ceramic tile)Thank you.

I'm going to assume that the developer legally established an HOA and recorded articles of incorporation, governing documents (CC&Rs) etc.

The cost difference between removal of cracked ceramic tile and leaving it is $555 so I will probably just remove it. 

I hadn't considered rising property tax or the option to quitclaim property at a later date, and I'm incorporating your cash flow estimates into my deal analysis model.

Most of the mold ruined their usual work other than the bathrooms since the bathrooms were ceramic tile lol.I think the reason why the bank hasn't gone lower than $200K is because it has two houses and the land alone is worth $108K (according to the tax assessment).