My advice would be to do your best to find a deal that will have you all in under 80% of the After Repair Value. 

I think on another thread you mentioned that you have a contractor who came in under $200/sq. ft. for an ADU?

I have thought over the years that RE has been getting inundated with new $$, overpriced and too much growth.

We just want to inundate ourselves with as much knowledge as we can.

Hi Gita, Thanks for the offer I may be calling you.Hey Dick, Yes I have two different company accounts and two different checkbooks.My problem is that all my sect 8 checks come in under the mgmt EIN but all the expenses they pay are the PROP owner expenses.So if $800 in rent comes in to a single operating acctand the mgmt pays $500 mortgage pymntand then pays prop owner $300The mgmt company has $0 income and $800 expenses EXCEPT$500 of what is paid out is really a mort expense for the PROP owner, and is recorded that way in quickbooks.So how do I expense that as a $500 payment to the PROP owner, and what do I call the $300 pass through payment to the ownersRight now, to me for the mgmt comp, it looks like$800 income$500 mort payment expense for owner$300 owner pymnt$500 pass through money paid out on behalf of owner-$500 netI know I'm missing something but I can't figure it out.Steve

Just put in under contract.

I'd like to acquire the property in under my S-corp to provide me the protection of the corporate vail.

In fact, a needle in a haystack in under 3 minutes might be easier.Your "cash offer" is really not cash if you do t have it, so not really a legit offer at all.

It has to show assets as collateral AND a sufficient income by itself.We are talking about small businesses typically bringing in under 100-200k for a given year.

As it is, the most possible future event is for people upstream from me to want the water to drain from their properties FASTER, requiring more and deeper ditches running downstream, thereby further inundating the downstream folks.