I am a full time engineering student by week and full time employee at a manufacturing corporation by weekend. 

Hi, My name is Ben and I live in CA trying to form a S Corp in NV by myself which I never done before, do I still need to register in CA as a Corp or I can just pay my income tax to CA, I would appreciate any help I can get.

I'm a corporate attorney but I've always been fascinated by real estate.I got lucky and sort of fell into house-hacking in a condo in an up-and-coming neighborhood in Brooklyn and also recently picked up a 4-unit building in the same neighborhood with a nice projected cash flow.

We pay .08 per record but we have a corporate account.

Hoping to get answers to our questions and some basic advice in the following:We were going to sell to our existing LLC (for another business) however our mortgage is owned by Fannie Mae and they will not allow sales to a corporation-- has anyone worked through or around this? 

This is how i see it.S Corporation : real estate as a business : Active Income Schedule E: individually investing in real estate: Passive Income

The model you propose is to give investors a level return while you capture the excess.Here are  just some the challenges that you'll need to work out:1) Licensing - in my state, a real estate brokers license is required by entity corporate officer2) Qualified investors - there are very specific rules to protect little ol' ladies and such3) Servicing - you'd be well advised to use a licensed NMLS servicer to stay compliant4) Documentation - Find a good attorney who specializes in lender matters5) Formation of Entity - you'll need an attorney to form an entity such as a mortgage pool to remain compliant with SEC laws concerning Private Placement Memorandum offers.My friend and mentee Gerald Lemoine has done just that.

I like accountability.I practice this all the time in my corporate job too.

Most of the properties I have purchased go into a land trust with a corporate entity as the trustee.  

I've personally worked on over 30 rental properties for various clients (individual and corporate) and would be happy to help in any way I can.