Typically, accountants advise my clients to set up a LLC (and file as a S corp) as the real estate holding company opposed to setting up a corporation (ex XYZ, Inc.).

I didnt know we got ANY E55 AMG saloons in the states....good to know.As an ex race car engineer and ferrari challenge mechanic I spend some of my income on cars.

Basically a restricted unit can definitely burn out a capacitor and anytime you set a unit too low causing it to  struggle to keep up (ex. set at 69 but it never drops below 76…) will keep a unit running 24/7.

It will be a new asset with little to no cap ex, and lower expenses.With an apartment, if you buy an existing building, you will cash flow day one, but there are other concerns, such as age, property management, debt, exit strategy.It depends upon your goals with the money, if you're trying to create income, or if you're trying to go into the business full time.Gino

House was fine - really no cap ex expenses for several years.  20% down. 

The house in under her name but the ex is paying a portion of the mortgage because she has the kids and he is the one in the mortgage.

RE  Mortgage banker etc.2. criminal and credit back ground checks with redacted personal info IE SSI. but you want them to know your not an ex felon or did not pay your child support etc.3.

You need reps to see, then use the sheet to verify.The easiest thing to do on a spreadsheet is to change one number (say cap ex), and boom, now the deal works.

The buyer had an inspection and has requested for some cap ex repairs (new roof and new sewer pipe).

HOAs on CA have recently swung the pendulum to cover cap ex expenses that were differed for years.