And Dooreuhn is correct about the $800 fee in CA, something you have to pay no matter what in which you incorporate. 

Thank you very much for your answers to these@John Santero yes, I did jumble a couple of concepts, but trying to incorporate a top-down strategy as well and just working through numbers and comps on the areas that I am looking at so that I can come up with some rules as to when to actually put more time into analyzing a deal...thanks for your thoughts @Steve Babiak I need to get comfortable around the contractors process and costs still as havce enver had any experience with them...do you recommend any good strategies before I'm acutally looking at a deal?  

Also, when should I be incorporating?

This demand will be incorporated into the loan documents but you may have to request its presence.  

You do not need to incorporate to deduct expenses from your rental income.

They also have a fiber optic camera where they take apart the shower fixture and insert the camera and can see behind the walls without tearing them up and can check for leaks.The rate is around 90 an hour for the 2 plumbers doing the test.Each unit the owner said would take about 30 minutes to inspect.If issues need to be corrected and fixed it would take longer.I really want to get these plumbing issues under control.I don't think the fee is that bad but wanted additional input.Had a great gut feeling meeting them just don't want to blow up the budget too much.I asked about the bigger opening toilet bowls to prevent clogging.He stated the bigger opening would help with excessive toilet paper and waste getting stuck but would not stop things such as toys,q-tips,tampons,etc. from clogging the line.So nothing is fool proof.

Less if you need to incorporate your own fee.

Our plan is to incorporate under an s-corporation and truly run a rehabbing business.  

There is a really good book that is called "Incorporate & Grow Rich!

Hey guys, so we have a business currently incorporated in the state of Oregon.