. :) Ryan, Being that Sally was relatively new to the game I just thought I would piont out what I noticed.

Why do you think there are rules about relatives no treating family members.

The federal law that allows protection for the inter vivos trust exception specifically addresses the beneficiary of that trust ("a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property;") but I would definitely talk with an attorney and look at the specific clauses in the loan documents before I did anything.

If someone has already built an office complex, it's relatively easy to benchmark how yours would do.

I know the term safe is a relatively subjective term when it comes to real estate but I am talking more along the line of what neighborhood/area can one stand to make a fairly significant gain with a 15-25K cosmetic rehab/update?

Also we were looking into the theory of starting a C-Corp in addition to the LLC, possibly in Nevada or Delaware and assuming our real estate investments turn a profit we could divert some of this income towards the C-Corp as a property management fee.Any theories or experiences good or bad relating to some of this.

I found out that the site is still very much within the developmental stages, they just launched in January 2007 and they have intentions of coming out with several different applications specifically related to real estate and taxes.

Buy and hold is a relatively low risk plan if you've got the right properties.

A real estate broker may engage in a variety of real estate related activities including residential home sales, mortgage brokerage, and property management, among others.

I have always worked in professional type positions - banking, consulting, selling - and dress relatively formally.