But... what if you find a subject-to deal, or lease-option from the seller deal, or get owner financing from the seller?

Judges in many Maryland counties will frequently will give tenants opportunity after opportunity.

Subject property is always a good comp for subject property - totally credible that a $140k property is still worth $140k a month later.

I used to ask for videos of the subject areas.

I get access to pre-market properties (short sales, REO, etc) and I frequently work with investors.

This is not my area of expertise, but you should be able to find some information to help you get smart on the subject at http://www.aaplonline.com/Rules vary from state to state, so you need someone, an attorney or an active local private lender's, guidance to help set you up for success.

The pool of buyers in a few years might be limited.Is this in the Gainesville city limits and subject to the landlord permit fee?

I'm not a CPA nor do I play one on TV but if I had to guess, with no LLC, and $50k W2 job, all $40k would be subject to SE.

The workshops cover various subjects from financing, wholesaling,, estimating repairs etc.Dallas Real Estate Investors Group http://dallasreig.com/ This group meets once a week on Saturday during the lunch hour.

@William Howley,If you have an active income business, and if the business makes enough money, the S-corp election lets you pay yourself a salary on which the payroll taxes will be assessed with the balance of the LLC income just subject to income taxes but not the payroll taxes.