Don't pierce the corporate Veil: This can occur if the entity either is poorly capitalized.Inadequate Initial funding of the entityor fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books) Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.Also, you should get a good Insurance.

Two identical house in different neighborhoods will have very similar Cap Ex costs.

Hi Israel,I am fairly new but active in the Houston area.

I was originally an out-of-state investor from CA that moved here in 2008.Best of LuckHi LucianoI am just thinking on my goals and strategy.for now i am looking for a SFR who more cash flowing than appreciation.for sure looking for PM that would help me manage my portfolio due to the fact i am an out of state investor (i am from Israel).I dont know yet my budget and now looking for neighbourhood's who are affordable for me.

@Brian Wilder The problem is everything is really really competitive right now and you are just 1 of 10,000 investors in Jacksonville that want identically what you are describing...

@Andrew Angerer - Your logic seems sound; however, have there been any more identical (2/1) sales within like .5 miles over the prior 6 months or so?

Only as much as an identical house with the same upgrades sells for.

I just sat down with my PM that has hundreds of units and she showed me two literally identical properties in Windsor Hills.

I owned an identical 2x3bd floorplan duplex in Sacramento for 10 years and I have plans to sell for a modest profit when RE market gets better.

The unrenovated identical duplex next door rents for 900, but that also has a 1-car garage.