I will incorporate these tips into my next analysis and for my consideration of macroeconomic effects in my area.

@Angel SanchezThe s-Corp requires filing for articles of incorporation and corporate by-laws.  

Incorporating as an LLC and attempt to get a commercial loan at the slightly higher rate2.

Obviously you have to live there, but it's one of the least expensive ways to get in and it spreads your risk over more doors.Single family is great too, but something you might want to incorporate after you have gotten started.Any asset class can be great if you are buying below market value with an opportunity to cash flow.

Hi Adam,Certainly you can purchase one or two properties in the US, but it's difficult as the filing fees, incorporation fees, tax fees etc on top of the property expenses can eat up your yearly cashflow.

Today not many bank owned properties and even it is they're ok with it as long as you can provide operating agreement and articles of incorporation to ensure arms length transaction.

Incorporate "The Millionaire Next Door" and "The Total Money Makeover" by David Ramsey into your reading program.

@Marianne Lopez-HenthornIf you are starting any partnership, corporation or venture with multiple individuals, you should have an experienced attorney assist you with drawing up any shareowner/partner agreement and/or articles of incorporation.   

They do taxes and bookkeeping, but are also very knowledgable about the laws governing LLCs, as they also help with the incorporation and taxation of all kinds of companies. 

It is required for all non incorporated payments.