@Grace Keyes I'm still looking for a way to actually vote down a post...there are way too many idiots on this site...sigh.Anyway, welcome.

Anthony McEvoy getting a statement of past performance on deals is definitely a possibility.

I see a lot of seller-financed properties as I'm practicing running numbers on properties listed on craigslist & other similar sites.

Have you done a search on this site for attorneys Jim?

So, starting with LLC and testing your performance would be good before electing S-corp because S-corp comes with little administrative tasks such as payroll and its own tax returns. 

Now if it is raw land even with a ground lease the tenant wants to utilities stubbed to the site and the site ready to build on so you have some costs involved.In a ground lease you are getting ground rent so per the lease the tenant should be paying all the taxes,etc.

Have you done a search on this site for attorneys Zamiah?

You might have commercial zoning but still will need site plan approvals and density approval for what you want to do with the site.Do you own the corner?

Thanks....I will just keep plugging along and see what other creative ideas I can find on this site!

Have you done a member search on this site @Tyler King?