If you have S-corp, you must pay yourself ''reasonable'' salary (where you pay 7.82% on top as an employer) and you can receive profits at the end of the fiscal year that are only subject to Federal and State tax (so you are saving on not paying SS tax and unemployment).

@Adam BeckstetdtFirst, I would have the parents as guarantors of their respective children and not as co-signers to the lease (which effectively make them a tenant with all rights enjoyed by a tenant).With a guarantor we screen them fiscally (income, credit history) as we would a tenant.  

@Chris Purcell my future job would influence all plans I would make.

So if the appraiser is ethical the information doesn't influence them one way or the other unless it is supported by the overall market.

If you have the ability to influence high networth investors to join you on a deal that you have thoroughly vetted, you should be able to get a piece of the GP of such a deal.I keep saying this.

Other factors that would influence you: are you performing the repairs? 

I got it from my center of influence.

I Read the article posted above by the Fiscal Times from 3 years ago.I also read the article from the same source 1 year ago its amazing how they completely reversed their stand in less than 2 years.Upbeat article is here--- A High Speed ComebackBut even that article is one year old and out of date wait till you see their next article.

Congrats on 13,000 influence, but that is not in itself a success story (pretty cool, though).Tell us how BiggerPockets has helped you increase your business, Rich . . .

Like @J Scott stated, this could be a good thing that happened to me, now I know how I can influence the closings with higher success rate.Thanks for the suggestion Account Closed