I guess the employees decided there was a better cash flow system than what we think of here on BP;) I can'r recall ever paying with cash at their office, I usually have certified funds.

Research will show big companies buying homes for their employees to stay when in town.

Receptionist was officially an employee of the owner but answered the phones for all of us and she processed our mail and greeted our clients.

.- Not only do you need to convince the underwriter, but you need to convince them that a gov't employee at HUD will be convinced as well.

@Chris Seveney an example of an onsite property manager (employee) sueing the property owner is if he gets injured on the property and the owner doesn’t have worker’s comp. 

I believe this is by far the wisest choice IF you plan on owning the rental for years AND you know how to do a good installation yourself/are willing to learn AND you or your own employees do your own flooring maintenance over those years under your watchful eye, not a third-party contractor.

@Paul Sandhu - they will require their employees to reserve the place in advance and we would use Google calendar to track reservations.

Anyway, I decided to look for ways to increase my positive cash flow, besides being an employee.

Also, don't forget that if you hire any independent contractors for repairs you need to issue F1099s and any employees of the Corp you need to issue W-2s and file 940s and 941's for federal employment taxes and WC to state of Florida.

Through making a few calls today I found that I am able to draw from my employee stock program in about 90 days.