Taxes are not cookie cutter and whether or not to elect an S-Corporation is based on a ton of different factors including your other sources of income, your retirement goals, your overall income levels and tolerance for the formalities of managing a corporation.If you've got a W2 at anything close to a decent wage, an S-Corp can cost you in taxes rather than save, so be very careful about handing this out (or accepting this) as blanket advice.Whether or not to use a different LLC every time is more of a legal question. 

How we work it is if an applicant is accepted, they have to pay a "holding fee".

The Renter stated she wanted to move because one of her neighbors was paying $50 less for his rent house and my house was over priced....I did not offer to reduce the price...PLUS I knew I could increase the rent $100 per month if she moved, so I readily accepted the 60-day notice.            

Originally want to use FHA loan to “house hack” either one of the properties BUT it is taking forever for the paperwork and underwriting to complete in order to know how much I am allowed to borrowMy mortgage lender (close friend) says that I should wait before placing a bid in order to know my borrowing $.What I am thinking: Place the bid anyway and if we negotiate and I get an acceptance on the property, FUND IT WITH A PRIVATE MONEY LENDER 100%.

I figured if they accepted an offer that I would talk to the tenants to see if they've had any issues with it too. 

If you accept a payment during an eviction process it voids your unlawful detainer. 

Is it customary to ALWAYS have the funds, or can you hopefully have the offer accepted and then"find" the funding for the property after the offer is accepted?

Work with someone that is good, doesn't work for an insurance company, or accept any sort of sales commissions. 

Based on my financial profile, a mortgage broker said I should be able to qualify for B lenders, but he wasn't able to deliver on either of the two previous houses I had an accepted offer on, despite assuring me I would be able to get B lender financing. 

Offered just under asking price and they accepted.