Also hold back a good % maybe 20%-25% for the final payment.   

S-Corps are terrible for buy and hold real estate 99.99% of the time - all investors should burn this into their mind! 

Let's say you have a property that will take just a bit over 12 months to renovate and sell... now the rule for 1031s is that you can only use them if you hold the property for at least 1 full calendar year so does this mean that I can now 1031 the property or not?

HOWEVER, there isn't, legally speaking, any specific length of time that you have to hold the property.

Long-term hold?

Pay the bills when due, its always better to hold cash than distribute to investors too early.

However, I’m moving back to Texas and plan on building both SF spec homes and duplexes to hold long term.

Investment Info:Single-family residence buy & hold investment.

Ramping up a team of pros to churn out rentals for buy and hold.

The entire dropped ceiling is being replaced with new tiles and the metal brackets holding the ceiling are being painted white instead of the off white they currently are.