I have been thinking of using it as a strategy to take the additional cash flow and dumping it straight back into the property at a more rapid pace to improve the property enabling the ability to raise and stabilize rents quicker therefore increasing the properties NOI.

I am a professional musician (trumpet player) as my day job, but also really enjoy real estate and am looking to make it a bigger part of my life. 

I think it's time to get out to network to find some quality subcontractors that we can utilize that won't break the bank but that might enable us to get our last two units online much quicker. 

The typical benefit of s-corp status is that it enables you to pay yourself a "modest" salary, which would be subject to these taxes.

They both do a "rehab" loan which enables us to get houses in poor shape financed.

Activity will likely be fed by new posts, new questions... if there is already sufficient coverage from the hyperactives among us to answer those questions, those who are less inclined to participate have an enabler not to need to answer the questions.

Thanks for your insights @William HochstedlerIn this case, I was considering this possibility because...1) Rehab is mostly cosmetic - $10K-$15K2) My offer would enable me to buy the property w/ $50K+ instant equity (after factoring in rehab)3) Rental cash flow would be approx. $400/mo.

What was it that enabled you to decide that you could trust that that person has your best interest at heart?

And I want some of that power to enable myself to be able to help others

If the former I would include a reasonable usage clause to enable you to charge for excessive usage.