Read what they are posting to sort out who is experienced and who is not.Podcasts.

Deborah, Thank you for your post.

Do you need an S-Corp depends on your overall tax situation and profit you are expecting form this flip.This post does not create a CPA-Client relationship.

No issues on property, except a faulty leaky toilet that was fixed same day as tenant posted maintenance issue.

what you're proposing, while possible, is incredibly difficult and highly risky, and i don't know how you would do it completely remotely with no plans to visit or set up a team.i think i've said this in other posts, but there is tremendous demand for inventory right now among both retail buyers and investors. 

Originally posted by @Eric Mayer:@Wesley W.

hard money is typically: some amount down + points to get the loan + interest to service itso if purchase price is $325K, you might be able to get 10-15% down from your own cash + the HML for the restit's not clear from your post what is going where

Looked at salt water but found as the above posts discuss, there wasn't in actuality, less maintenance (just a different set of issues) and end of day, chlorine was still being used (even if a smaller amount).

Post on Craigslist seems like another 'guru' but I cannot put my finger on it, he seems to be following Cherif method, not sure what to make of it.

Property management fees and software subscriptions are deductible, and depreciation reduces taxable rental income.This post does not create a CPA-Client relationship.