You are expecting 2189 a year at your calculations, however, its actually 2 units, so you are getting 1050/door/year which is pretty thin for the privilege of a mandatory job as property manager for 2 tenants, since you dont have enough budget to hire a real PM and scale your empire.

Continuing on your path and buying a multi-family unit every six months to a year would get you scaled up pretty quickly in five years.

So for our section it is pretty much there.

My wife, who was working very part time for pretty low pay has decided to quit and focus that time on REI, so I'm pumped about that. 

The area is pretty hot right now .

I have employees in my LLC, and prior to Obamacare, if I get health insurance for myself, I have to obtain it for my employees, hence the management under the C Corp with health insurance where there are no employees.

There's no hard and fast rule, but the general consensus is that you're pretty safe from IRS scrutiny if you hold for at least 12-18 months.

That pretty much sums it up.

Jason Lawrence jay pretty much hit the nose on the head.

A health check is in order.