The name C Corporation is used only to distinguish one taxable entity from another taxable entity (there is no Subchapter C, which governs how a C Corporation is taxed.)Because the "S" simply refers to a section of the tax code, choosing to tax an LLC as an S Corporation affect ONLY the rules used to tax the LLC - NOT the rules to form or operate an LLC, nor the rules that determine the liability of the owners of an LLC.LEGAL REQUIREMENTS & LIABILITYLegal Requirements:The rules to form and operate a Corporation are different from the rules to form and operate an LLC.

Any insurance claims for damages to the property were settled when the property was restored to full operating condition.Seller dislosure tells you about any defects with the property that you may not be able to see.

My operating expenses are mainly water sewer garbage.

They could have pipes clogged by cement, AC that does not operate, or any other number of issues that can be hidden with utilities turned off.

So I am partial but you should buy from a wholesaler who has a turnkey operation.

I believe that to address this area; one would need to operationally define "motivated seller."

I would just decide an order of operations and let the other properties sit.Maybe give the new contractor 2 jobs and if he does good, give him the others.

The setup fee should go almost all to an attorney to draft the operating agreement that is specialized for SDIRA LLCs.

Market CAP Rates will vary a bit from region to region for sure, but a good return on investment is sort of set.GOI is Gross Operating Income.

You act like we are doing something unethical here but I can tell you that we operate above board.