@Stephanie ChoiGenerally speaking it's not advisable to hold appreciating assets (e.g. rental real estate) inside of any corporation, whether it be an S Corp or a C Corp. 

Speak with local multifamily operators at meetups and your property management company to get an understanding of the market operating expenses and vacancies.

@Frank Wong Thanks Frank, I’m going to put an offer in today, I was just speaking with my broker and he said the bank told him the other offer they have is a “solid” offer...We’ll see what happens, if they come back asking for best and final I’m thinking 205k will be my limit.

: Lower Your Small Business Taxes and Tax Savvy for Small Business: A Complete Tax Strategy Guide Twentieth Editionlegal and insurance - Every Landlord's Property Protection Guide: 10 Ways to Cut Your Risk Now (book w/ CD-Rom) and supplement with Every Landlord's Legal Guide (generally speaking Nolo has a good collection of books)property management - an excellent resource is The Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants With Fewer Headaches and Maximum Profitentity start and maintenace - Garrett Sutton's Start Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad Advisors)  and Run Your Own Corporation: How to Legally Operate and Properly Maintain Your Company Into the FutureAnd here is a set of questions to help you judge if you maintain your corporate well:How well have you separated yourself from your business?

I will continue to educate and speak out.

Finally, I'll speak to licensing and insurance.

She was willing to sell and asked $25,000.00 for the 2 bed 1 bath house (1041sft) After speaking to a couple friends about the asking price they advised I offer $20,000.00 based on the amount of rehab needed.

Even if half of his wealth was inherited, hypothetically speaking, hell his father, grandfather, great-grandfather started from humble beginnings.

I think our price crash was less severe than other parts of the country and we recovered more gradually but also more smoothly.I can’t speak to Worcester or Lowell but compared to the rest of RI, property taxes in Providence are pretty high especially for investors as there is a lower tax rate for owner occupants vs investors.

Honestly speaking I enjoy the hunt of finding deals more than the actual deals themselves, so I don't mind spending tons of time analyzing deals and driving neighborhoods every week.