Hi,I am looking to start investing in rental properties in Orlando, and since I live in NY, I would probably need a property management company.Given that I am new to this, I have a laundry list of newbie questions.1....

Is your LLC a brokerage firm/Licensed RE Agent???

I set up S corp for my RE Agent practice and therefore when I rent my own property, I write a commission check to my brokerage firm and he writes a check on my S Corp’s name (mostly I rent it by myself to Sec 8 and without coop broker on the other side).

Over the long haul this will cause you less work, have to buy less number of properties and add to your cash flow totals.

Here where the numbers.They where firm at $94,000My ARV $115,000 to $125,000Rent $1200Rehab needed paint carpet some fascia and drywall repairs, refinish bath tubs.

I am working with a lawyer I went to school with - his law firm works with local real estate agents here and i'm sure he can point me to a securties attorney. 

I was reading the other day about how PE firms are foreclosing very aggressively bc it's a better play to repo and re-sell than to conduct a workout.

Prior to law school I worked as an Associate Scientist for an environmental consulting firm with the majority of my time being spent on due diligence for commercial real estate transactions.

I work in Finance and also own Home Haul, LLC, which specializes in residential cleaning and eviction & foreclosure cleanup.My initial goal is to build a portfolio of income-producing rental properties. 

thanks every one, (Steve) what I learned is the permit that was pulled is for the engineering firm to do the testing (they have to pull permit because there test requires drilling ) when they finish they recorded the results ( sinkhole activities where on the property also they stated how to fix it ) later they closed the permit.