HOWEVER, at this point in time and in this market, most sellers won't accept ANY low-ball offers unless they are simply nuts, uneducated, or in a really distressed situation.

now there's a whole foods a block way. it has covered parking in an area very crowded even for street parking.so for me key things to look for are Location, HOA, and HOA fees, and parking situation.

I won’t always be healthy enough to earn my way out of a situation.

My annual income is only $57,200K (Pre tax) so I'm only able to buy one property a year, at the very best of situations so my money sits in my savings account for fairly long times.Thanks for any input and advice ahead of time.

My focus would mostly be focused on people who want out of there current situation and are possible looking to scale down to a more affordable option.

The daughter might have a situation where the parents decided to stop or reduce rent payments in the future.

First idea :What are your friend /family situations like ??

I am simply stating what I would do if I were in your exact situation. 

As far as an s-corp, it is not usually a good idea to hold rentals in one, as there are issues if your strategy changes in the future.S-Corps may be beneficial if the income you are producing from real estate is ordinary income and subjected to self employment taxes (like flipping homes, wholesaling, property management).Be sure to talk with a CPA that knows your entire situation before making this decision.

My poor wife is a stressed out wreck lol.