That being said, when they launch their next fund, they are strongly considering a 506(c) offering.https://lastmileinvestments.com/While this is not a list of people I have invested with, I will say a lot of 506(b) operators hide in plain site:- Podcast hosts and guests (talking about what they have done past tense, not current offerings)- The gurus often also syndicate deals- Rise48, per their website, has primarily (if not exclusively) 506(b) offeringsThe thing is, depending on how conservative the compliance attorney is, you can have 506(b) operators advertising like there is no tomorrow.  

Similarly, investing in A-class single-family homes offers a different experience compared to C-class multifamily properties.What is your desired goal?

I am in the process of selling a portion of the portfolio but just switching from Class C properties to less problematic Class A properties.

Furthermore, I later discovered that the property was located in a C- neighborhood, which was not disclosed upfront.

I'm a 401k administrator and yes, you can use an S Corp to fund a Solo 401k (can use Schedule C, w-2, K-1 as a partnership, or 1099 income towards a 401k...). 

-We have to move forward to help mitigate this problem b/c one owner lives 3 hours away and I live 30 min away and can't be at the house daily to empty dehumidifiers.

I have many C properties that are "ugly houses" or whatever, but they cash flow very well because they were acquired many years ago.

You should report the income and expenses on Schedule C (Form 1040), as it is considered part of an active business.

C areas are lower price point homes and better for cash flow, but usually not much appreciation.

Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?