If you spot a rule-breaker, just tag @moderators, and we’ll take care of it.Again, welcome to the community—happy investing!

They're especially good if you have multiple properties as it serves as a "one stop shop" for real estate management.Loan Tracking Capabilities:Track property-specific cash flow (income vs loan payments)Tag and categorize loan payments (P&I split)Connect bank accounts to see real-time paymentsUpload docs (e.g., mortgage statements, insurance)View performance metrics: cap rate, ROI, cash-on-cashRefinance Timing: These are my go-to triggers- Interest Rate Drop: Rule of thumb: 0.75%+ drop is worth evaluating- Equity Gain: 20%+ equity can eliminate PMI.

Even a lot of local folks step in itLearn the basics of all trades (might be tough if you're not doing a project yourself or have the time to shadow them)Tag along with another agent who is walking a client through a property.

we should tag this post and follow up in 5 and 10 years.

Sorry for quoting on this and so many people being tagged.  

I'd tag @Drew Sygit on this so he can share his view on this as a PM in Detroit to answer your question.How many doors/units do you own yourself and how many doors/units do you manage for others?

Because the corporation is a separate taxable entity from yourself, its the corporation that would get tagged as a dealer, freeing you to engage in investment activity outside of the corporate structure and remain classified as a real estate investor personally.

(Please tag me so I can look back at the post)

When I performed my first rehab I teamed up with an experienced investor and tagged along with him on one of his rehabs and I even performed a few task on his work site for free.

A corporation such as an S-corp or C-corp (or an LLC taxed as an S-corp or C-corp) can help you mitigate your overall tax liability depending upon how much your bringing in from your flipping activities and whether your primarily living off of this income or reinvesting it back into flipping.Second, if your planning on or are already investing into long-term hold real estate, then a corporation or an LLC taxed as a corporation has the added bonus of preventing you from getting personally tagged by the IRS as a real estate dealer.