If I use a LP, I'll have an S-Corp or LLC as the general partner so I get the liability insulation (this LLC's income will only be the flow-through NET from the property's LP so it is less likely to trigger the high LLC gross receipts tax that is easily triggered at the property level).

Excellent idea Troy!

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The market is not huge here in Alaska but there are still some excellent deals.

I believe Austin is a wonderful city with excellent growth prospects due to the high quality companies, university and capitol.My newb questions are:1.

Needs everything, electric, plumbing rough & finish, HVAC, insulation, drywall, kitchen etc.

You said "We both agreed", which makes it sound as though you shook your head and said, "Yes, I concur that this sounds good and your price is excellent.

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Works great, voice quality is excellent.

The inclusions in the house for the price is certainly an excellent reflection on you're company and should get you many referrals.It was the inspiration I needed to start my day out.