Looking for some input from this vast base of knowledge on the pros and cons of setting up an LLC or S-Corp for my company structure.

Hey guys, wondering what the locals think will be the impact of this from, here is the article from IBJ:September 6, 2016Hayleigh ColomboCarmel-based for-profit college operator ITT Educational Services Inc. announced Tuesday morning that it will permanently “discontinue academic operations” at all ITT Technical Institutes campuses.The company has already eliminated the “vast majority” of its 8,000 employees and canceled the fall academic quarter, which had been scheduled to begin this month, according to a statement released Tuesday morning.ITT Educational operates more than 130 ITT Technical Institute campuses in 38 states.ITT Tech announced a week ago it would stop enrolling students, and an Indianapolis charter school run by the companyhas also shut down.The move follows years of scrutiny by the federal education department over its recruiting methods and students’ educational performance, and recent actions that made itineligible to accept new studentswho relied on student loans.In its statement Tuesday morning, ITT called the federal sanctions “inappropriate and unconstitutional.""

The property is vacant and dilapidated because the owner is so far underwater that it no longer makes sense to maintain in the vast majority of situations.  

Hi @Anthony Donaldson and @Raymond B.Thanks for the welcomes and advice.I'm glad to be here and very impressed with the vast amount of information available!

I have vast knowledge and experience of the various concepts relating to effective marketing, advertising, and merchandising.

The people here have a vast amount of knowledge and are more than willing to share their experience and provide sound insight and advice.

If you are not doing it you do not understand the vast amount of information/protection it provides to your business. 

I am now solidly convinced that I do want to be a landlord again, albeit a vastly more educated and intelligent landlord this time!

Real estate taxation is a vast topic, and it can take countless hours if you get into podcasts and blogs.

Again - Multi-family and commercial are vastly different that SFR.