I will argue that this home will trade at $340,000 + by 2021.I also wouldn't mind making a friendly wager with you... however I am not sure if you or I will be still around on Bigger Pockets in 2021.John W.

I want to run it as an S Corp and am wondering if there is a way since I dont work in the business if I have to pay myself a wage? Realizing

I would like to continue to build up a few a more SFH's during my working years and then hopefully parlay the equity in a MF unit down the road.

I'd wager these are lower grade neighborhoods and maybe section 8.

I also fully understand there are different levels of investors , some buy full distressed , sometimes vacant or worst evictions required - they put in a few dollars , evict some and and make it cash flow positive - ,, good stuff ,, but not for me.I may loose some deals but I’d wager 90% of deals someone buys where the current owner owns it less 4 years is a loosing deal.

Everybody wants something for nothing, and I will wager there are many here on this site who look for a pot of gold and do not think they will have to work hard or sacrifice for it.That's not my experience. 

Care to wager an answer on that?

The challenge is that buying in expensive markets the cashflow is low, or it's higher if you value add then property then parlay it into a bigger deal and keep climbing. 

He is 2 years older than me, and has parlayed his commercial brokerage experience into bigger deals.

The key is parlaying this info to fit in with your personal goals, finances and areas of investing.