She also suggested that I become and incorporated company instead of a partnership because of the potential liability if something was to go wrong.

My comments might be better understood if we to say, fraud is illegal, by itself it is a violation of law, incorporating fraudulent schemes or aspects is a predatory practice, a predatory practice is not necessarily fraud. 

As someone who has worked in corporate marketing, as a high school teacher, for an overseas nonprofit, and now for the federal government in vastly different career fields, I know firsthand how difficult it is to constantly reinvent yourself every few years in wildly different career fields.

The 70% rule incorporates several assumptions.  

I thought having access to the MLS and vacant houses as a Realtor, and not paying closing costs would be beneficial, and I could incorporate what I learn in sales into the investment side of real estate.  

I have done a lot of research and have realized it's best, specially for tax purposes, to incorporate or set up LLC.

Department of Housing and Urban Development (HUD), annualized, and divided by the median sales price of residential properties in each county.ATTOM Data Solutions also incorporated weekly wage data from the Bureau of Labor Statistics and demographic data from the U.S.

., it seems to me that this might actually be a good reason to incorporate.

My suggestion is to flip your first house or two without the added complexity of trying to incorporate the people who are looking for a second chance. 

I am trying to find a reliable financial adviser that incorporates real estate holdings into his areas of expertise.