The benefits of owning your own LLC or S Corp far outweigh the costs, and if you can't support the basic business structure then you may not benefit from the business you're trying to generate.Get properly educated by someone that can see the business from multiple angles and has mastered the multifamily market in your area.

I used to own a public accounting firm and we were taught thru continuing education by the local BAR Association what to do and not to do.

This is the right place to be an investor-friendly agent; hopefully you will meet some prospective clients and continue your education here.Best wishes and see you around the site.Vincent

Have we gone to no money, no job, no credit, no education and no net worth investing now?

You are taking a great initial step to educating yourself about real estate and working toward implementing what could be a life-long income strategy.

I am no longer pursuing any further higher education and I really want to start putting the money to work for me instead.  

I just want to hit this question with multiple angles so I understand how to structure the deal in an educated way as oppose to looking newb(Although I am).

You just need to get educated, via podcasts and forums on this site, and then jump in.

I found out that  one of our duties as property owners is to "educate" our tenants about the importance of rent first above all other financial concerns.

Going to clerks at the courthouse may be the softer landing and a good educational exercise on how to pull those leads.