And that business can certainly be RE -- whether development, rentals, notes, etc, if you have a trusted management team running the business, there are generally ways you can completely extract yourself from the business.Sure, the business could fail, the stock could tank, and you could be left without financial independence, but again, that can happen with govenrment-backed interest-bearing securities as well.

The reason I have zeroed in on these markets are below: - Low median home price (at least compared to the Bay Area, which may enable me to purchase distressed properties with cash) - A decent amount of properties in need of repair/rehab- I have seen seller financing offered a few times in each of these markets- Predicted growth in these areas Ultimately I know a big aspect of my decision-making process will be getting connected with the right people in these cities as well.

With a C Corp, you have to extract the capital eventually, and the double taxation is a killer, even with the lower flat 21% fed rate at the entity level. 

I also have an emergency extension that enables them to leave a message and then I am notified immediately by text message.

This would enable a few layers of asset protection and an entity to take assignment of the note without the overhead of an additional LLC.

However, whenever you sell the property that originated the refinance dollars that enabled you expansion without a 1031 you pay the tax on all of those refinances in the past and negate a great deal of the power of the 1031.  

Our family home is paid off, so my plan was to use any equity we can extract from that as working capital for acquiring properties.

"BiggerPockets LLC".That doesn't mean you have to use the "LLC" part of the name all the time because you can also file a Doing Business As (DBA) for "BiggerPockets" which enables you to market under the new name which does not have the LLC addition.

So when you are out and see a place you can instantly extract the sale info on the property run the numbers for you instead of going and using your own your spreadsheets etc.

If you have access to a public website and need to ‘capture’ the data from it to create your database or spreadsheet for your leads (assuming your county doesn’t already offer the information in a spreadsheet format), the keywords you need to learn are “data mining,” “screen scraping”, and “data extraction” (I had never heard of either term to describe capturing info from a website until I went to craigslist and found someone under the ‘services’ section who offered IT services….and explained what I needed.