From tax perspective:1) Flips - Generally, If you expect to make more than 50k in a year from flips, S-corp will save you SE taxes ( 15.3%).2) Rentals - LLCs are the best for rentals.

It was a tight market it about 1987 and then it startedto slowly improve, more and more andTHEN,...about 1993 if you bought a property ( any Price) by 1997/98 ithad increased in value ..2 1/2 to 3 timeswhat you paid for it.things were crazy..In the high end areas ( SE Denver, etc)it was frantic, People were paying overasking price by easily, 10 to 15%.On weekends you would take yourbuyers out to look and you parkand there would be 3 or 4 or 5 other Realtors, with their buyers looking.Run thru the house, "do you like it" "Yes"race back to the car, slam a contracttogether and get to a fax machine beforeany of the other Realtors could get theircontracts turned in and try to put a shortacceptance time on it, so as to tie it upbefore anyone else could.

There are no clauses per se that I put in when submitting an offer on a REO.

Hi @Jonathan LewisWelcome to BP and welcome (almost) to SE MI.

I would not count on getting more dollars per se for that kind of stuff, but might make your unit look more attractive and rent a little easier in the same range (so might save vacancy dollars).

@Jeffrey Lo   although there is no turn key per se in Oregon.. ( its really not needed in the mid west sense)..

Boeing is expanding big time in the SE side of OKC.

Some basis info:Currently searching SFHs from HUD, County Courthouse properties, buyers lists, MLS, other off-market opportunities in my local region (SE Houston/Galveston)Fair credit, above average income1 rehab under my belt closing in a couple of weeks with better than expected results.

I can also help in SE Ohio where I'm from.

Hello @Juan Alzate, Welcome to BP.I'm from Miami, and I know the SE Florida market as well as the Jacksonville market.