And you provide services for the S-corp.The S-corp then should pay you a reasonable salary, and your (disregarded) LLC should not be part of the payroll arrangement.

Attend local real estate networking events, meetups, and seminars to connect with professionals who have firsthand knowledge of the area and can provide valuable insights.

Confirm everything - the initial rental estimate provided by the wholesaler seems to be an aggressive estimate.

This structure provides several benefits:1.

While I can't provide specific advice on Michigan leases, I can offer insights on lease options.

If the tenants fails, you can have a professional take that over and deduct the costs from the security deposit.

An LLC provides less protection than you might think.

They are not great loans but they will refi trailers and fab houses and provide money for purchases.

Consider consulting with a real estate attorney or financial advisor who can provide guidance on the best course of action, especially regarding your plans for the 1031 exchange.

Most lenders will still want to qualify the property on the remaining full amortization term to de-risk the loan.  3) Buyer PreApproval & Property Prequalification: You need to work with a lender that can provide this support.