The issue with doing too many flips (as an individual or an LLC) is that the IRS will attach a "dealer" status to you and treat all of your investment properties as inventory. 

An individual.

A year or two later the mortgage company realizes what you've done and demands you take the property out of the S Corp or they're going to call the mortgage. 

I recently spent time working in Howard County, MD where I handled BHRP vouchers frequently which grew my interest in section 8 housing and encouraged me to make my first effort in Section 8 property which I purchased in Anne Arundel, MD.I am interested in learning more about individual investment strategies, especially funding as I though I appear to be "mortgaged out".

The other unit has 2 rooms of which you are renting to two other individuals?

We have also borrowed against our TSP to buy a house.As for criteria, we look at the areas that are in demand by young families near base. 

I find very few truly wealthy individuals would deal at the street level.. 

The counties/probate courts don’t generally provide a “list”.....access to the individual files is open to the public.....you make your own list.

Thanks everyone, I was not expecting such a welcoming from like-minded individuals.

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