But if you want to build a business around it you must first become a student of the game, surround yourself with experts, and build healthy relationships with people you trust. 

There are generally better returns in Ladson, Goose Creek, Moncks Corner, Hannahan, North Charleston etc. then the neighborhoods close to downtown at entry level price points. 

So far, the builder was running the condo trust and filing 1120 through an accountant but 1120H looks far less complicated.

You want to be level to those, maybe do a little bit extra, but not overspend.   

@Lough, George I have been with him for over a decade, and have always been very happy with his work and level of commitment and transparency. 

Networking groups are also a great way to gain exposure.Break through the “Rookie Wall”This sports metaphor refers to first-year players who suddenly stop having the kind of success they did before they made it to the professional level.

Consider investing locally either actively or passively before venturing out of state and having to trust someone who may not be what they claim or who is simply looking for a new investor they can take advantage of.

id=1IaAr5B1WeT...Cleanup Job (Low cost fast flip): landscape package in front remove deckremove vines from house clean exterior, fix siding and wood rot, paint neutral beige/gray color clean driveway/weed, clean retaining wall/pavement replace flooring with mid grade flooring bottom level, carpet upstairs replace interior fixtures paint interior white trim, light color beige/gray walls, popcorn ceiling removal new kitchen appliancesRehab options: Replace deck with new one (kind of awkward that high to me) vs Remove and fill in wall or add large window to master.Potential space to move laundry into upstairs bathroom closet vs basement Can maybe get away with toilet/vanity replacement in each bathroomUncertain if painting or replacing cabinets with ikea type is worth itAny in-ceiling lighting will open up codes stuff with electrical since it is out of dateRepave/fix concrete front porch and side porch - replace/paint railingReplace front walkway cement, or remove walkway and replace with right angled walk to driveway (may not provide ROI)Tear down vs paint garage port in back yardWhich do you think provides highest ROI? 

An LLC is a legal entity that is not recognized at the federal level by the IRS. 

@Jeremy VanDelinder  The couple hundred bucks may be nice to throw at some lower level subcontractors , but as a professional you would have to move the decimal point to the right to get my attention