If I was you I'd just hold it as a sole proprietor and use a DBA for your advertising, administration and management.

I have garnered a wealth of information from Bigger Pockets, since I started browsing this site, and the information provided, is all practical, cut to the chase topics - geared towards personal development, as well as giving a hands on approach to investing.My background is in the administrative/clerical field, in addition to have owned and operated a cleaning business for 8 years, then went into the insurance, then medical field.

Rich Dad Poor Dad (Favorite book)Cashflow QuadrantGuide To InvestingThe Ultimate Beginner's Guide to Real Estate Investing (was my 1st pure real estate book)The Art of DealThe ABC's of Real Estate InvestingThe Unofficial Guide to Real Estate InvestingThe E-mythThe Power of Positive ThinkingThe Magic of Thinking BigThe 7 Habits of Highly Effective PeopleThe 21 Irrefutable Laws of LeadershipAwakening the Giant WithinYour Erroneous ZonesThe Power of NowEmotional IntelligenceThink and Grow RichStart With WhySlight EdgeThe Compound Effect48 Laws of PowerThe Wealth of NationsThe Art of SeductionThe 5 Love LanguagesThe Art of StartThe Crash CourseBusiness Model GenerationSecrets of the Millionaire MindThe SecretThe Art of WarEmotional Intelligence The Psychology of WinningThe 4 AgreementsThe Richest Man in BabylonThe 7 Spiritual Laws of SuccessThe monk who sold his FerrariA whole new worldYour Erroneous ZonesAs Man ThinkethEat that FrogI read Rich Dad Poor Dad and I quitted from College in 2012 (I started in Real Estate in 2007), I was about to start a degree on Computer Science with a minus concentration in business administration.

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Thanks @Jon Holdman I was just about to look into Obama care.

Estates file BK all the time; in probate (no will) or by way of having a trust.In probate (no will) Letters of Administration - (will) Letters of Testamentary

The taxes currently being paid are lower than your acquired tax bill when purchased (via re-assessment or purchase price as the case may be).Also, you left out administration costs, accounting, state business taxes, legal fees, and the cost of an entity (assuming you will use one for this property).Assuming the new tax basis will be at least $3250, and adding in the other expenses, you are looking at an NOI of $23,542.

Both are good TPA's (third party administrators) and I favor ETC.

The program is administered by HUD's Office of Housing-Federal Housing Administration.

I am graduating with my BS in Business Administration: Finance and Marketing, from CSU Long Beach.