thanks a lot for responding man! 

Say that a man who owned a piece of property dies and has no heirs.  

YOU do all the work, YOU have all the risk and YOU do the hardest part... finding the deal and getting the contract signed.Hell with that man.

Here’s how it works.Just because you incorporate doesn’t mean that the corporation must own all of the assets it uses.

I would repurpose this house and rent it out to drug rehabilitation company or something man. 

The problem is with being a stay at home college student with no one to teach you about wealth is that I am broke and have had to learn like many of us through other ways, like richest man in babylon for example teaching you to pay yourself.

However, with your help, we incorporated your suggestions into our response. 

@Cory LaderIf I'm using LLCs, I always try to incorporate an LLC in the state where the property sits.

What's up man!

Bring your LLC binder or information with you, the bank will require Articles of Incorporation etc.