Hi Nadir, I choose not to manage properties because my time is more valuable spent on other aspects of my business that will make me more money.

If the dollar crashed, real property becomes more valuable.

I realize knowledge is more valuable than money for me right now. 

Just want to make sure that I am bringing something valuable to the table if I start asking around.

S Corp is valuable when you have active income subject to SE taxes and you can classify yourself as doing a “low salary” position .I think as you have surmised, the LLC (s Corp or not) does not provide any tax advantage.

Really appreciate you taking the time to give us your valuable first hand experience.

They have a podcast called Naked Notes which has a lot of valuable info. 

@Siddharth Desai I am not knocking inspectors, they are a valuable resource particularly for the average resident homeowner buying a home.

I was kind of thinking the same thing, but didn't think about the response, very valuable information.

thank you all for your valuable answers