If not, I will very highly recommend that to supplement what you learn at BP.Even though I am from Chicago, I invest mainly in NW Indiana, because of better returns and more landlord friendly government.

Right now I am just building wealth and using all of my government benefits to gain back time lost on the Battle field.

While it may "technically" be okay, I'm not sure if I'd want to get into a situation buying a property from the federal government using a shell non-profit.

Although government measures are in place to stimulate business lending, without perfect credit and cash reserves, most business owners are just passed over by their bank.

It shows the total debt of households, businesses and the government.

Problem is, that local governments will have you in their sights, sooner or later, and you'll be harrassed into making costly repairs or you may lose the property all together as they move into blighted areas for renovation projects.

The government promises tax money to repay these debt assets.

HUD guarantees a "clear title", but is the government that trustworthy?

Personally, I'd never own a property governed by an HOA.Keep the spending in check.

If it's registered elsewhere, it will need to be registered as a foreign entity in the state where it does business (additional paperwork and expenses).Your personal state income tax will be governed by the state where you live, regardless of where the LLC is established, registered or does business.