Nope, no proof of anything that I know of, but keepyou eye on the corporates cherry picking for bulk purchases for rentals.Some time ago I simply asked if a local regional bank would entertain the tough of me taking all foreclosures and they were rather egar to talk to me, I said well, I'll investigate further and let them know, but how to hedge against the trash around here would be a problem, so nothing on that front!

If you do a google search, you'll find several sites that allow you to set up a corporation in any state, by filling out the online forms.

A corporate trainer by trade, I tend to get overly literal. :-)thanks again.Tom

I will be buying through an LLC which has a PO Box, so I could maintain a fairly formal corporate vibe if that's desirable, and I tend to think it is.

A person is defined as an individual, corporation, company, limited liability company, partnership, or association.

We have set up a corporation in Florida which will hold any property we buy.

I just purchased a 12 unit bldg which has three corporate units.

An example, some small c-stores need 250K to acquire another store, it's rural, a small deal, past the lending area for many, a real pain to make and not worth the brain damage for a bank....now steps in the HML, get's the place under the corporate system, up and running, then refi it conventionally in 3 years.Capital requirements may not meet the banks idea of cash reserves, but if I can see from inventory turn over, file a UCC lien on inventory purchased, have access to the books and deposits, I can be assured the deal is solid enough.

With all due respect, if corporate America has demonstrated anything over the past five years, it's that it's as American as apple pie to avoid the consequences of taking risk.

However, one item that is universal to most condos, and many SFR developments, are Home Owner Associations (HOA's), which are basically private corporations formed for the purpose of governing the community.