you "may" be able to avoid "some" tax if you go the corp route by paying yourself a salary. doing 1 or 2 flips a year would probably not constitute a salary though. if you have a day job, and do 1 flip a year, you still gotta pay the federal, state, and BOTH sides of the SE tax.for me, that came to around 44%. but I want to pay taxes. means I meant $.put it to you this way - at your day job, you're probably paying around 37% in taxes. you just don't notice it as much as it comes out of your paycheck each week.

It's a great resource and there are a lot of SE WI investors active here.

Good thing, because the attorney had dropped the ball and was about to miss a deadline for the bankruptcy hearing - I spent 3 days going through evertying I could find on Bankruptcy - I went to court, filed pro-se (for myself) against the attorney for the people that were trying to stop me from foreclosing...We won!

I think you are wise to consider some of those other areas in the SE, rather than Atlanta.  

For estate type he instructed me to select se (small estate) or re (regular estate).

@Kyle ScofieldWhat you're talking about is called bird-dogging.It's not illegal per se, it's just not something that a real estate agent is really going to do for you.  

Hi Grant:as someone also new to commercial real estate, I can't specifically give you any tips on it per se, but from a general investing standpoint, I would say you have to ask yourself why are you buying the building. if its to fix and flip or buy and hold. these are two different goals.IF its strictly for investment purposes and you are buying to hold: I would consider two things.work on paper some calculations to see if 1. does it cash flow ?

@Deb Jones --It's a long story but though we live in Minnesota, we aren't natives & previously lived in SE FL for a bunch of years.

The markets aren't hot per se, well Falmouth is to be honest....but I haven't yet been presented with the options of how much insurance is willing to pay out for A.

Seems crazy but the economics of managing home rentals is so on / off depending on the area (SE forget home rental as a business, except for FL) that it's actually a wise business decision to almost give the older home away to get out of home repair and supposedly turn over.