Under an LLC am I correct in understanding that you don’t get taxed on the profits that the company generates (and that we’d reinvested into the asset anyway) and only on cash that is extracted from the company as either salary/benefits or dividends?

But thanks for correcting me, this is exactly what I was looking for.

I assume this $38K land contract will become your problem once you own the property - because someone will have to pay it off if it's clouding the title - is that correct?

Some restrictions are so bad you can't even paint with the wrong colors!

If everything is working correctly then plastic on the windows or area rugs might be answer.

Color me skeptical.I guess if you define 'Big Data' widely enough there may be something of interest to real estate investors.

If that is correct, I would need to acquire at least 30 properties within five to seven years, is that doable, or am I getting way ahead of myself?

To encourage them to buy the property, I offered to paint colors of their choosing.

I still would not know if investors would actually be interested though, correct?

It has the potential for positive flow if I play my cards correctly.