S-Corps, on the other hand, offer tax benefits by qualifying some of the income as dividends as opposed to income, but you have to have enough to justify the expense of a separate corporate tax return and that's more relevant to flips than long term holds. 

Can I begin exterior work during the 30 days after I obtain posession?

Preferably a 4 unit but wouldn't be opposed to a double.I want to fund this through FHA as I plan to house hack and rent the other 3 units.I have narrowed it down to either an FHA 203K Full, FHA HUD REO w/repair, or USDA Repair Escrow.I'm interested to hear your experiences with these loans and any possible pros and cons to the loan you used.

I guess I need to read some of the other posts on it to understand the why some might oppose it??

This is proven to be a more permanent option as opposed to standard staining and creates the option for a deep, rich, and dark bamboo floor. 4.

Here is that list:KitchenWindow near panty doesn't openPantry shelves and storage areas not cleanedOld items left in apartment (former tenant's junk in closets, etc)Hole in bottom and side of cabinet above stove (just an fyi)Floor has damaged areas (fyi only)Back Corner BedroomBroken exterior window, glass not cleaned upBlind missingWindow not sealedCrack in ceiling in closet (fyi only)Middle BedroomBlind in right side is brokenLarge BathroomFan makes loud high pitch noise (only sometimes)Minor stains in floor (clean if possible, or just fyi)Molding is cracked on tub (fyi)Blind doesn't work properlyFront BedroomBoth blinds missingFront ClosetItems left behindLiving RoomWindow sills very dirty, have spider websSmall cabinet to right of fireplace difficult to open/shutFireplace is not cleaned - wood and ashes left behindStain on entry french doors (looks like a booger)GeneralHot water does not workAll window sills are very dirty, some have spider webs (screens were left open allowing spiders to access)Many electrical outlets are recessed further than they should be - some plugs may not be able to plug inWindows (interior or exterior are dirty/stained)Door from dining room to kitchen should be removed (no door handle from dining room side and door scratches ground)Vegetation at front door needs to be cut back (covering mailbox, blocking entry to door)Exterior of house is dirty, should be power washed - looks like a sore thumb in the neighborhoodWe basically agree on having the apartment cleaned (windows, "booger" thing, etc), loose items removed, removing the door, correcting the vegetation and having all of the blinds replaced, hot water being corrected. 

For example, would he give the same value for a kitchen with matching white appliances as opposed to stainless steel matching?

That is, if you find an undervalued asset in regard to the NOI because of, say, a bunch of amenities missing, or a bunch of additional revenue streams missing, or a bunch of expenses that can be shrunk, or especially a bunch of dated interiors (to a lesser degree, the exterior), one can find a legitimate and marketable way to raise rents, one could see a $50, $100, $150 per door rise in NOI.

It was a huge success for a 2 man crew just me and my Dad, we completely remodeled both the interior and exterior. took 10 months from purchase to sell cause we kept running out of money, lol We are currently working on 2 single family flips at same time while looking to fill up our 3 parks fast, and going from 12 tenants at 1st 2 parks then gaining 21+ at our 3rd park we bought yesterday 10/7. we now own 81 pads, wow..wow is actually an understatement cause our family grew up poor..like..$1/day for high school lunch poor, lolIf you want to read my new blog page it's right here on biggerpockets, hey go subscribe cause im going to update it all the time!

The whole exterior needs to be torn down and redone.