As an entrepreneur yourself I would assume you'd have no objection to the market determining the price & the business building profit into every activity that they perform. 

Below are some things you may wish to consider, as to which Corporate Enity is best, for your Business Model as well as your REI Goals and objectives.Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

Below are some things you may wish to consider, as to which Corporate Enity is best, for your Business Model as well as your REI Goals and objectives.Flipping Properties If the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

Think sharp objects and debris everywhere on top of drywall dust covering everything you own.

I have a call into a 1031 specialist, but wanted to see if anyone out there had any experience with this type of approach.  

There doesn't seem to be any other reason to have this objection to proving yourself right.I will also say this... if I was one of your partners and trusted you to "bid" and perform the job at cost, not get any other quotes because I trusted you, yet found out later that the scope of work was possibly not $275k worth, I would be very upset.

I’m just saying look at the numbers, what is your goal/objective, and the bigger picture of it all.

We own multiple properties in the Katy area -- cash flow is the objective.   

***this is not a legal advice or intended to be always consult a specialist***

Start by clearly defining your goals and objectives.