Sarah,I have purchased most of my investment properties with zero down and it can still be done but you need to know how to creatively structure the deal to make it work for you.

And, based on my experience and knowledge, I see little reason to set up an S-Corp vs an LLC taxes as an S-Corp, unless you plan to have shareholders or need one of the more uncommon aspects of a corporate shell for small business owners.

Maybe the claims were for personal property loss or theft and not for damage to the structure at all.Before you make this a big deal and potentially lose your earnest money deposit, have a conversation with your real estate agent.

Personally, I like to concentrate on good structurally sound houses that will cashflow.

How do you structure the contract?  

How the income is treated has little to do with the entity structure.

I would like to know if this is possible. Let's say that I have a property under contract for 40k and the ARV is 100k. If i get the property under contract in my name and then assign it to an LLC for an 10k assignment...

This usually has $500,000 in liability, around $160K for structure and includes earthquake and a little medical coverage, thief coverage and loss of use coverage....

I'm trying to structure this so that I can get the property, but without knowing the executor, is that even possible?

And so you don’t get confused, your company can have virtually entity structure, down to sole-proprietorship.A longer answer is contained in this thread: Does anyone use a Checkbook IRA LLC?