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My question is as follows: Does anyone have any good ideas on establishing corporate credit for an LLC or S Corp?

Corrections can last 10 years or more.

Please correct me if this is wrong:From the net operating income I can deduct...annual depreciation (cost of property divided by 27.5 years) +total annual mortgage payment +total annual insurance payment =after tax cash flowDid I miss something that I can deduct... or did I add something that I cannot?

I believe its 6 feet, and if I remember correctly if you have one on the circuit it protects everything after it.

Remember also that corporations and LLCs are governed by state laws, so what's true in one state may not be true in anther.

Based on the second method, the purchase price is to high based on the other numbers, correct?

You're correct in your thinking.

Your are correct on the turn times for that particular lender, 5-7 days from "submittal of full package"; but this is still slower than HML.In any event, all 3 sources would be good options Gdchil1.

correct?