May I also add to my question above: I would love to be able to incorporate into the analysis the option of an FHA loan vs. a normal commercial loan.Thank you so much, Lorenzo

I would like to hear strategies, tactics, stories of success, and how to incorporate lessons learned into future tax planning and preparation.

@Alexander Merritt It use to be a common practice up here - and likely down there as well - to incorporate a holding company which would own one or more pieces of commercial real estate ...i.e. a 50 unit apartment complex.    

Sorry to disagree, maybe, if you use your personal name, there is no registration requirement at the state, but that isn't a self proprietorship, that is a business formed that is not incorporated, but held individually.

In general you need to incorporate this into an estate plan that in all inclusive.

It can be very time consuming in the beginning stages, but as you learn from others who do this and who have more time in and are successful, then you will learn how to automate your business and incorporate systems that will make your life much easier.

The last couple years I have incorporated interest free financing, now Im charging the same as the next guy, but my selling point is you do not have to come out of pocket all at once. 

I assume I'll need to incorporate the CPA's ideas/documents in a business plan portfolio.I have time to get things set up until next October.

It is something that you are no accountable for and will drive you towards success.Goals will also help you decide if incorporating is the right move.  

Choose the lowest price of the sites, incorporate a "beginners discount" and use that number as your ARV to calculate your MAO until you can get access to MLS.