This provides the asset protection of an LLC and the tax savings of the S-Corp.I want the great people of BP to challenge my thinking and offer some other ideas to explore....Or give support as to that being the best method.

To me, the biggest of which is if you never plan to hire employees, you don't need to worry about offering equity.

The challenge in my area is not the actual rent but finding someone with a valid voucher.

All have different challenges, risks, time and financial commitments, knowledge or expertise requirements, certifications, etc etc etc.

We used to be challenged getting 1% back in 05 - 07.

Hi Amber, welcome to BP -- certainly a wealth of information, but the challenge is to find and absorb the information in an organized and somewhat sequential fashion.

Not challenged?

Crop land is where the biggest appreciation is, up 30% in a year!

Besides what Jon and Joel have said about high turnover in one bedrooms, I'd add that your tenant quality in the $400 range could be challenging.

OK, I guess that is better than a car, but its still not much of an investment if after putting in cash for 30 years you have the same amount you put in.It would be far more honest to say "a home is the biggest purchase you'll ever make" than the "a home is your biggest investment".