For example, there is one poster here who's business offers a note fund set up as a c-corp rather than an LLC in order to offer dividends that are more tax friendly for IRA accounts (at least that is how I interpreted it).

Have you ever identified more than three replacement properties in a 1031 tax exchange?

A single-member LLC provides protection while allowing you to report business income on your personal taxes.

Are there other creative tax strategies that involve real estate that I should be looking into?

Nevada's Taxes: - Nevada's property taxes DO NOT reassess on the sale. - No state income tax. 3.

Costs for the home are more than the mortgage, you have property taxes, insurance and for rentals vacancies. 

@Chris Dawson What is the tax rate for the MO side on kansas city.

The sellers owed back taxes and needed cash.

My total cost after insurance, taxes, etc is $2278.How did you find this deal and how did you negotiate it?

Pay the small amount to have a licensed CPA under a retainer agreement and contract in writing with you pay all bills and taxes and issue all deposit refunds etc.