It's a red flag that they don't have credit to protect, so harder to recover damages at move out, but often work out fine.

Thats fine.

I don't expect you want to be swinging a hammer forever, so once you gain the hands on experience and apply your business knowledge you will be just fine in RE.I may get chastised for what I am about to say next.

If money comes out, wages must be paid.That is not true, A S-corp acn be just fine, you must simply follow the rules.

I'm thinking the 70% rule minus expenses would work just fine.

New sink vanity sounds fine, but get something value less than $100 at home depot.

As long as you y'all don't upset Uncle Sam, you'll be fine with these shenanigans, lol.

(I'm fine with getting rich, of course, but not into schemes, haha!)

If I end up having to pay it, fine, I'm not so much concerned about that as I am if the property manager was irresponsible in doing this, so that it doesn't happen again.Bloomington is a great place for rentals, I own in an area more populated by community members and graduate students so I've had pretty good tenants, including a married PhD student/professor who stayed for 3+ years.

Once you do this you will be fine then you can put all of your information on the w9.