The good news is you understand the basic concept of unearned income paying your way into retirement and beyond.  

You and your friends should not be messing with this when you don't understand these concepts well, and they are confusing.- rentals do not go under an S-corp, which is why a separate PM company was suggested- S-corp technique on reducing SE tax is both tricky and costly, and you cannot set up your salary arbitrarily- you can only base your 401k on the part that IS subject to SE tax- you usually cannot generate enough "earned income" from this 2-companies setup to make it worthwhile for 401kSee, it is not simple.

Quote from @Edward Stephens: Can anyone in the course or affiliated with the course help me understand how you are navigating the state’s/country’s usury laws?  

I’ve been reading a lot about flipping contracts and I understand the concept, but I’m still confused about a few things.1.

I see the same things from borrowers or those that take on mortgages.understand the concept.. but did not read much of the 30 page Mortgage document.Or read and understand the note.With so many of the larger HML or DSCR loans being backed or bought by wall street firms you know their lawyers are creating these documents and I suspect virtually no one reads every clause in them and or understands what they mean in relationship to the transaction and what your signing.

This concept is similar to how we approach education.

I'm interested in the concept of Multi-Family investing. 

ADU concept is kind of new to our city and the bylaw was passed in December 2023.

I'm working on a similar type concept along with 2 attorneys on the founding team (we're not trying to mess with the SEC!).

I have plans to upgrade the interior as I’ve heard about the “live and flip” concept from a bigger pockets podcast episode about getting started in real estate.