I try hard not to mislead people and own a good reputation.

I am taking a wide range of classes such as construction safety, finance, web page development and a nutrition class.  

To add a deeper wrinkle in, as a new S Corp with no history of reputation I expect I will have to personally guarantee the S Corp loan.First how does that work...am I just a co-signer on the S Corp real property loan or is there some other mechanism that comes into play?

just notes and investments of a  short term nature.. plus a building business which really does not count.. its building houses and selling them.. or kind of like flipping .. not really investing.. its a business that goes with the market cycles I was going to make a pithy comment on this one but I'll let it go since humor doesn't always translate well on the web.  

It's always best to keep your word and reputation in good graces.

Currently this is our only form of paid marketing since bandit signs are illegal here and one of my business partners is a skilled web advertiser. 

Many of the oldest podcast from 18 months or so ago have great details for beginning investors.You can then get many specific questions answered by using the SEARCH box in the upper right corner of the web page.

Rental income has the reputation of being "passive", but that's only really true for people who have enough knowledge in the endeavor that it takes very little work for them to manage the investment, or they have an excellent PM that manages the investment and they accept a lower return.

I have basically put about $21k of my own cash into the house up to this point.I just got a renter in using a reputable property management company, they take 8% of the rent plus half of the first month's rent for tenant placement.

First of all you do have to trust that you bought the list from from a reputable list broker but if you aren't sure here's how I would check.Since you live in Orange County I'll use that as my example.