Your C corp is used for most tax write off of expenses, medical benefit and other fringe benefits.

There are some fringe parts that can be OK, but you'll always have some issues finding quality Tenants and my buddy who owned a home there was broken into many many times.

Good areas border fringe areas which border terrible areas, etc. 

Lets look at a Defined benefit plan which allows contributions of 100% of 3 years average salary up to 200k.You could also use the C-corp to keep your income below the thresholds of phaseouts of certain credits and deductions.Certain fringe benefits are another reason and beyond the scope of this thread.All of this takes advanced planning and constant communication with your accountant.

Thus, as a stockholder, your liability is limited to the capital that you have invested in the purchase of stock.Advantages:1. a corporation has a lifespan independent from its owners (stockholders)2. fringe benefit costs are tax-deductible3. personal assets are protected from business liability4. ownership can be transfered through the sale of stock5.

To be honored.Anyone who doesn't know me who is willing to die for my right to live is a fringing hero.Maybe BP should honor our men and women with contributions.I'm in for thousandsThey don't need to buy houses.

However consider a bigger picture and remember both Dev and Jerry's approaches are fringing awesome. 

Here in Central Florida I'd be looking in the fringes of the metro areas, of Tampa and Orlando, this is Brandon area for Tampa and Ocoee and Oviedo for Orlando. 

@Tom Sylvester - I would hire someone for contract work (eliminate the fringe costs when you need them for only a few hours a week), but check your state's license requirements.

Based on the map, that property is in an area that's on the fringe of Deltona towards 415.