Gary,There's a difference between the Tump/Buffett example and what you are proposing as management.

I appreciate the time you spent reading my proposal and the points you have brought up, but I won't continue to have this conversation here. 

I would love to see what you guys think of my proposed scenario below:Step 1) I bought my first house using FHA with 5% down in November of 2021Step 2) I plan to live in the house for 2 years Step 3) I buy a new primary residence with another FHA loan at the 2 year mark (November of 2023)Step 4) STR the first house for 2 yearsStep 5) Get a cost segregation analysis to write off as much as I can with accelerated depreciation (using the STR "loophole")Step 6) Sell house either with a 1031 to avoid taxes, OR sell house outright and get tax free $250k from capital gains.Step 7) repeat process every 2 to 3 yearsPlease chime in with any guidance or help!

Your propose in screening is to discover the lies and eliminate those applicants.

The proposed law essentially eliminates new land contracts in ohio if it passes as it requires a warranty deed, 5% max interest rate and you must foreclose.

Real estate is about relationships and when I do something as you are by proposing a new venture with someone new, I am willing to concede a little bit more if they are someone I think I want to be able to go back to at some point.    

If you have good credit and no other options it could be a good fit for quick cash with lower rates than a hard money lender, but lacks the negotiation and review of the deal you are proposing.

I think there is / was proposed 1 rental per investor and wait time for the license  . 

He proposed to his tenant to purchase the house AS Is for $150 K with 10% down, 5% interest for 7 years.

How is your CPA proposing that you get all these assets into new LLCs from the C-corp?!