I'm also sure there will be cities that set up rules/laws correctly and will be able to take advantage of this new business model and really rake the tax dollars along side the owners that are bringing in good money.

I would also like to thank you for giving me the right guidance as to doing everything in the correct way possible I really appreciate it, I am the same way as to studying outside the house too!

I think you're correct to focus on rentals long-term, rather than flipping. 

Then you will know exactly what they would do to correct the problem.  

Please contact me if you know of a good resource to get the correct LLC docs (operating and subscription agreements) when I am using SDIRA funds for equity in a deal.  

But, I can tell that the reason you are getting C-corp is not the correct reason. 

@Casandra M. 90% of the things tenants call about are “user error” so i have learned how to walk them thru correcting these “issues”.  

Honorably, admirably is the correct response of course.Our slogan contains three “honorable” synonyms “…Legally, Morally, Ethically.”™ So, addressing our minds from this premise, we may conquer challenges in ways unavailable from a negative space.Negotiating from a position of unfair advantage doesn’t permit negative aspects.

I always want to know why things are vacant, why rents are low etc and if I can correct those and get the place turned around then that is money in the bank when you do it!

Correction: New Jersey Hotel and Multiple Dwelling Law