Does anyone have any experience in this market?

I understand it depends on the township, and when I look up certain ordinances it seems they only address residential buildings ( 1-4 units) needing a permit, primary residence, etc.Wanted to see if anyone out here has had experience.

I recently spoke to a property management firm that told me their clients don't experience any pain with financials or taxes Jan - April. 

With or without science, my experience is valid enough for me and has and will continue to influence where and how I invest in Real Estate.

Since I am not very familiar with their experiences and perspectives, I would love to hear from those of you who have had interactions or experiences with LGBT tenants.

So, in your experience, what have you done or what would you do?

The arv will be around $1,050,000 on the extremely low end.

Any experience you can share would be greatly appreciated. 

Here in OK, investment in general has really picked up, including an influx of cash end buyers.

Agreed with Account Closed - putting real estate, or a real estate partnership - within an S-Corporation provides effectively no value, while creating significant headaches and tax consequences.The only real benefit left for an S-Corp is partial shielding of employment taxes - but a rental property already doesn't produce any self-employment taxes, so the one benefit already doesn't apply to the rental.Then you have problems with not getting basis in the debt of the property, having a lack of flexibility on future structure, issues with distributions in excess of basis...just nothing about it is good.If the Partnership hires a property manager, and that property manager ends up being your S-Corp - great, now you are perhaps better managing your exposure to self-employment income as a result of these property management fees.