He even anticipated dividends to resume for some of the properties by August.

Okay I get that, but it does not yield a dividend nor does it cash flow.

Each structure has pros and cons depending on your income levels, business goals, reinvestment strategy, and whether or not you plan to distribute profits.One of the key benefits of a C Corporation is the flat federal tax rate, which can be very attractive if you and your partners are in high personal tax brackets — especially if you’re planning to reinvest profits back into the business rather than distribute them immediately.That said, a C Corp also comes with its own downsides, like potential double taxation if you’re taking dividends.

One of them he paid my personal residence mortgage for the past few years.

Dividend stocks can do this.

Membership is consumptive and non-financial—no dividends, profit-sharing, voting, or control rights.

Corp tax rate is 21% (although second tax on dividend distributions can undo any tax savings or even end up as a tax penalty).  

Not looking for "how to aquire" specifically looking for YouTubers or paid courses you have owned that teach the exact order of the rehab and walk you through a bunch step by step 

Ideally, I would love to invest locally and plan to at some point, but the math right now makes the Midwest appealing for the following reasons.My income comes in through larger quarterly dividend distributions, so the strategy I’ve been considering is using those to acquire 1–3 small multifamily properties (2–4 units) each year in solid B+ areas.

PROBLEM:Year 2014- The 2nd lien Note  was never paid and the lender did not take any actions to enforce their rights for many years.The Wells Fargo 1st lien eventually PAID OFF IN FULL (thereby sliding the non collected 2nd Mortgage lien into a PRIORITY lien Position)in 2014 the property was purchased and was transferred again.