If you play the right strategy it can be a great area with lots of potential for you to either hustle some turn around money or expand your portfolio.

One of the biggest reasons a hard money lender won't steal the deal you presented them to is that they don't have the time nor is it part of their investment strategy.

I have read it might be possible to do a complicated system of owning the property and then leasing it to a trust you own in some form in order to benefit, but it seemed sketchy at best (tax avoidance strategy).I do intend to use the s corp election for Flipping as you suggested, every little bit helps.Thanks again for everyone's advice and information.

In my head this strategy seems like it could work for me and get me in the game.

I'm currently looking for effective ways to use capital and am considering a buy-and-hold strategy.  

My initial strategy is defined: buy and hold multifamily investment properties that cash flow in and around where I live, Philadelphia, PA.

I'd encourage you to pick a strategy and then learn what's needed for the first step and do it.

Feel free to reach out if you want to talk about investment strategies and the real estate market here in Lexington Ky!

Was there a specific REI strategy that you're looking at starting with?

I've been putting in a lot of work learning different strategies on how to control properties without putting money down.