@John Franczyk on the tax front, there is no expense you cant write off, or business tax benefit that cant be taken weather you are an LLC or a sole proprietor historically, its all pass through anyway, for example if you have a HELOC on your personal home, and use the money for business purposes, the interest and expenses are deductible as a  business expense. at the end of the day it makes no difference, unless you are avoiding  SE and filing as an S-Corp, but thats for active income, not passive.

Partnerships between a 401(k) and other investors, or plan-held entities that may be used for an activity with UBIT exposure may benefit from alternative elections.

I do know my competitor down the street is in the process of building more.

Any active BP members in the Pensacola-FWB-Destin area?

Hey all,Long time reader/listener - first time poster… I figured it was time to step out of the shadows and become an active member on the Bigger Pockets forums.

I'm actively looking for deals.

I currently live in Denver where the market is HOT, but am actively seeking deals (residential, single and multi-family) to help build equity and a safety net just in case the market bears towards a correction in the next few years.

We sold our property and pretty much broke even.I am now focusing on becoming an active real estate investor.

I google their office to make sure its there.. then I look at street view.. and I can usually see something of note..  

Sea street is open finally though so I don’t have to walk the dike to get out.