They stayed for a couple years--the urine smell was intense when they vacated.

We are putting on a basketball camp in July that will tie in playing basketball with all the different career paths related to the game, not just being an NBA player.

I realized the tile floor while being the most labor intensive and potentially the most expensive to install.

A little more management intensive, but you can earn more money.  

One of the main considerations in choosing between the two is how active you will be or how check-intensive will your investment be.

As Sean mentions the competition these days at court house steps is intense and if a property goes 3P that means it had some equity and there would be multiple investors tracking it ( of course there is always the home owner buying it back and will pay more than an investor or someone who actually wants to move in and will pay right up to fair market value for it)..

In other words, unlike the reporting form we use, all changes need to clear their system in a slightly more labor-intensive manner.  

They never had any intension of leaving voluntarily.

S Corp shareholders will want to ensure they get the benefit of the 20% deduction, and for many non-capital intensive businesses, such as mortgage brokers, real estate brokers, attorneys, physicians, etc., it will be important to pay a salary sufficient so to get the 20% deduction.

Daryl- What he is talking about is an FHA 203(k) rehab loan . they are very intensive and based on credit and income. they also take about 45 days to close due to all the necessary rehab reviews. better to find a local hard money guy and work with them or your partners credit and income.