I was thinking about creating an s-corp to avoid some of the SE taxes on the flips.

Sales are slowing and prices are flat in several more expensive areas around SE Michigan now.

They can handle renters policies and deal with properties all over the SE coast.

Hi @Brandon French , welcome to BP.This site is full of great info and people and there is a fairly large group of investors from SE Michigan on here.

Not because they are bad goals, per se, but they are growth oriented, not good deal oriented.  

@Kazumi Boyd it’s not a bad time to buy per se, but in high cost locations you have unrealistic sellers that truly make it an affordability issue.

None of those requires college per se.

I'm not against it per se, but it does increase risk.

When the crash of 08 happened I was buying those same houses at foreclosure for 30 to 50k EACH never lived in. there were big SE builders that had 100 plus spec homes and they were losing them.

I didn't see your expected timeline (at $44/day interest) or ARV, so extra hard to estimate profits.Be sure to reduce your ARV 10% for realtors and closing costs and after-inspection concessions.Be sure to account for your silent tax partners- 1) Uncle Sam federal taxes & FICA SE taxes,  and 2) Your state dept of rev taxes, if any.