I would then safely reinvest this in a low risk option (high yield savings, ETFs, bonds, etc.) and am assuming a relatively reasonable 5% return.

If they admit to using undocumented employees the insurance won't pay and then the municipality will likely issue a hefty fine and not allow them to pull permits and work for a period of time.

I think the issue I’m having is that I’m getting a discrepancy when I’m running the numbers with Redfin info vs lender info (it’s sometimes off ~ $200) so I was just wondering if for every property I analyze should I try to have the lender get the PITI for me for it to be more accurate 

It was the best decision I ever made.With their expertise and my determination, we tackled those issues head-on.

Rob, Hillman v Commissioner discusses partnerships paying a related S-corp management fees for property management.

Not an eligibility issue so much as who is able to take it on.  

The real estate in Alabama is so cheap and in this college town finding tenants won't be a huge issue. 

Since there is no lease, does anyone foresee legal issues with removal? 

Hi Justin, seasoning will not be the biggest issue.

The other issue, as it has been stated, is that it becomes financially tricky to take a property out of the portfolio, so you also sacrifice flexibility at a time when you begin to scale and flexibility can be really important.