Any investment advisor will tell you this is not a good investment. 

From day 1 I established a mgt co s-corp to manage my own portfolio.I use it very little the way you are outlining, though.I do not want to take beautiful SE-free passive income and turn it into active income. 

I just received my EIN NUMBERI need some advice on the first action to establish business credit.Please and Thank you all !!!

Full-time I am a financial-advisor, and my real estate llc currently has 2 full-time employee's and 23 single-family homes.  

Further, in a civil lawsuit claiming monetary damages by disgruntled investors, the offeror will have to defend his actions against a variety of charges based on non compliance with state and Federal statutes.So, years ago, the SEC established a safe harbor for private placements.  

@Matt Ward, your cash flow should make it fairly easy to establish a credit history.

They tried but they fall short on execution. for people that dont have anything better or are starting out it is a good way to go, but if you are established there are better products like REIPro. 

If you dont plan to carry through dont even start.Building a real buyers list wont happen until you have established a great deal of trust with your local buyers.

I'm trying to figure out the best setup for establishing a property management firm to cater to these types of individuals. 

although it goes against logic, the high commission is because of the high demand. the same situation exists in Boston, agents have to know their commission will be worth the amount of work they invest with a client. and like new york, with a majority of buyers being wealthy you can establish a high going-rate because you won't lose business. sorry if I didn't explain that all to well, hope that helps!