Technology advancements such as email, phone calls, skype has enabled communication with a remote CPA to be seamless.

The sellers are a retired couple that will use the home sale to supplement their pastor's retirement.

My CPA said the way to do this is to form a C-corp that is registered in the state of OH, get a 21% tax on profits, then only have the CA qualified LLC send/receive money to the C-corp via low interest loans.I am looking for the best entity structure to enable me to do the flips protected and having best tax benefits without having to pay CA twice.Thanks,Paul

I talked cash flow specifically because cash flow enables quitting jobs, qualifying for Fannie Mae backed mortgages and such.  

I'm currently interested in getting started in buy & hold real estate investing to supplement my retirement in 5 years. 

I would supplement @Russ Seiler's endorsement with a word of caution and a recommendation that you review any "creative tactics" gleaned with a tax accountant and/or attorney before putting them into play.There are still a number of "Rent to Own" providers in Canada who are operating in a manner that is "grey" and out of step with CRA publishings.  

I am hoping that my joining the Biggerpockets community will enable me to create the marketing and investing network I will need for my business to succeed. 

I am a Columbus based musician looking to supplement my inconsistent income with some cash flowing rental properties. 

As both an agent and investor in real estate, I can personally and professionally attest the significant role that investment properties can play in developing a portfolio of supplemental income.

But ultimately, I'd like to supplement my salary and escape the rat race.