I know different people use different ways to determine if a building's gonna be profitable, and i also know that nobody buys a building that yields this good, at least not in my area!

Well before you do any of that you need to determine whether you have a deal on your hands.

You have to look at your market and make that determination.

How many people are in that chain determines what cut you'll get buthow much can that be?

Getting around this issue is usually pretty easy, believe or not (although from time to time I'll come across an underwriter determined to prove me wrong :D ).

I tried finding leasing info in the local newpaper, phone book and internet and couldn't even find any information.

If you are the owner of the LLC, then you have a distribution from the S-corp to you as the 100% owner and this is a non-taxable distribution provided you have basis in the S-corp stock and then you are contributing it into your LLC as a partner would and receive additional value in your capital account of the LLC.If the S-corp is the owner of the LLC, then you have a straight contribution into the LLC and receive additional value in the S-corp's capital account of the LLC.You also need to determine what the purpose of transferring the property is and what the intent will be.

These properties are purchased (with the clout of over 100,000 buyers in our group) at substantially under market prices (creating instant equity) in hot baby boomer market areas that are carefully hand picked and determined to still have substantial upside potential over the next several years.

If you're determined to do something with that 10K, consider REITs or home builder stocks.

Positive cash flow is determined by subtracting ALL of the operating expenses and the mortgage from the gross rents.