Power Teams" in my opinion are guru speak to sound interesting, but to me setting up a power team, before you have something for them to do... its like setting up a retail operation, buying a building, setting up a corporation, getting attorneys, insurance, an accountant and trucks, then trying to decide what you want to sell.

Only $125 to the bureau of corporations. 

I also hold educational degrees and work in the corporate world for 20 years now, but this wholesaling thing is truly something else.

I mentioned this "corporate welfare" on one of the Hvac forums a while back & the thread was deleted.

If you have money in a European bank (witch would be in your name), can't you log into your account and print out a statement witch would prove to the bank that you have the funds?

The commissioner may suspend or revoke the license of a realestate licensee, delay the renewal of a license of a real estatelicensee, or deny the issuance of a license to an applicant, who hasdone any of the following, or may suspend or revoke the license of acorporation, delay the renewal of a license of a corporation, or denythe issuance of a license to a corporation, if an officer, director,or person owning or controlling 10 percent or more of thecorporation's stock has done any of the following:(o) Failed to disclose to the buyer of real property, in atransaction in which the licensee is an agent for the buyer, thenature and extent of a licensee's direct or indirect ownershipinterest in that real property.

That way you can feel more comfortable that you'll have more houses available to you to complete your 2013 goals.If I were in your position, as someone that is still "stuck" in Corporate America, I would look at your situation as the perfect situation to give going full time a try, but that's just my opinion.

Corporate rated tenants, long term leases, and the tenants manage the properties.

Eric Kluth,As long as you filed Form 2553 with the IRS you are considered and S-corporation.

Big box corporate stores or high end mom and pop type places or a rougher area with low income type pawn and title shops etc.??