Is "managing" the LLC in Indiana equivalent to "Doing business" in Indiana and requiring the NV LLC to register in Indiana?

They're essentially unheard of in Europe, where there is no equivalent of Fannie & Freddie.May well be more variation in rates between good and weak borrowers.

First off, have you considered that your agent might be the equivalent of the stinky kid. 

However he will need his state's equivalent licensing because it's required per the SAFE Act.

And make sure to account for the following expenses:1) Mortgage 2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes 4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments 6) Insurance  a) Property Hazard Insurance  b) Flood Insurance   c) Earthquake Insurance   d) Umbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy)  a) Water § Sewer § Garbage  b) Electricity c) Natural Gas d) Propane9) General Maintenance (usually 5%)  a) Upkeep § Landscaping  b) Snow removal  c) Repairs   d) New Appliances 10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.) 

That's equivalent of getting 1/3 to 1/2 of the jobs the GC looked at, which is a higher success rate than most GCs have with their bids.

That would end up being equivalent to 4% or 4 points.

They give you $500,000 in liability because it justifies their ridiculous premiums when we all know the odds of you being successfully sued for $500,000 is equivalent to being struck by lightning twice.

Hey Jason -As you realized, "marginal tax rate" just means the regular tax rate that people are typically subjected to.For 2009, here is what people will pay based on their level of income:http://www.taxfoundation.org/publications/show/151.htmlRemember, it's a marginal rate, so you pay on a sliding scale as your income increases (higher dollars are taxed more than lower dollars)...not a flat percentage.Everyone in this scenario (you and your parents) will be paying based on the marginal tax rates, not a flat percentage -- which would be the case if the flips were being taxed as a long-term capital gain.And the major tax benefit of the S-Corp election is that your parents only have to pay FICA on part of the income.As for what is "reasonable," my CPA suggests that if I were to take the equivalent of a realtor's commission on each transaction, I could reasonably claim that as my salary and the rest as a dividend.

The prices were lower than equivalent unfurnished long term rentals.