I send a change of ownership form, this helps to let them know that all my details and allow me to collect their updated details. 

Please let me know what you think, thanks BB.Andrew, You could elect Subchapter S-Corporation status for your real estate business, which means you would file both a personal tax return and S-Corp tax return.

If you are part of the active operating team you can run a small business or work in the corporate world while doing your fair share of the work too.Hope this was helpful-Dino

Updated appliances, washer / dryer added.

I have some past experience with real estate, and I've bought and sold one condo, and I'm in the process of selling my small business.Most days, I work as an analyst in the construction rental industry, but I'd like to one day leave the corporate life and have various income-producing investments.If you are in the Los Angeles area and have good experience, I'd love to meet up for a cup of coffee.

FYW it will not let me update my zip code due to me setting up my account within the last month. 

So which is better in your opinion and/or experience, an LLC or a Corporation?  

You might be able to do some sort of commercial bank lending if you can show 50% or more pre-leases on your commercial and the numbers all make sense.This strategy could work for any of the lenders above.Bottom line, there has to be interest in the resulting spaces to interest the lenders and the developer, or the developer has to front the entire cost.Possibilities: if the town wants to revitalize itself, it can create a corporation to hold the buildings, and then offer to back the developer of the properties (public/private partnership)The town could hold the properties and issue bonds for revitalization, then do a master lease to a developer/Property Manager to recoup it's funds.

Please bear with me as I update my profile. 

A few of the units around me dropped their prices, but even then they wound up renting to people that I rejected due to any number of reasons, so the season has definitely thinned the pool of good prospects.My units show well and are all updated, but I have fairly high criteria (650+ credit, non smoker, 3x rent) so it may also be a factor.