In short, the S-corp election is made at the entity level, meaning you have a few options.  

And while there IS free training sessions at KW, a lot of the good stuff costs money and is why their business model is so successful.Good luck with whatever you decide and I hope my points gave you some more to think about and to look into more options than simply those two.

If you're considering new construction buy-and-hold properties in strong markets and prefer a more hands-off approach, it's worth exploring.

You might also consult a lawyer to see your legal options, for use of the property and what kind of signage you should post.

They charge 8% and I have the option to self manage in the future but I will keep it as is for first year. 

This won't allow you to access much (roughly $30-45K depending on lender, I use CUTX) but it's still good to have that option available if a great deal comes up. 

If not, you would need to structure a creative deal by purchasing subject to the existing mortgage.And if taking over the mortgage is not worthwhile due to the condition of the property, your last option would be a short sale.Before structuring a creative deal, make sure you are guided by someone who has done it before.

The market is flooded here but I was born in Pensacola and have been considering trying to enter the flip/ BRRR market option in north/ central Fl.

Brandon Eleazer - the link works fine for me - just tried it from a different computer even.The BPL has two payment options; here is a verbatim statement from the page in the link:"The lifetime license fee is $300, made payable to the City of Philadelphia.

-STR / MTR-Section 8-Single tenant triple net-Other commercial RE investments such as storage facilities or RV parksThere are so may options and I'm at the point where I realize I know what I don't know, so I am open to any and all ideas.