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@Sean BozigianReach out to a few of the accountants here on BP and see who you connect with.Working with your accountant remotely will expand your options.There are accountants on BP that will work with you throughout the year.

I only have a dozen properties but I spend less than an hour a month and half of that is accounting because I like doing it.

Most of us underestimate property taxes (I did too).

I have been putting it all into my Fidelity Brokerage account.. just now realizing I will face capital gains tax when I sell in order to buy property.

No such thing as rolling proceeds into a retirement account and avoiding taxes in the process.

That is in effect what you are doing and f you do not include PM fees in your underwriting.Your maintenance/cap ex fees is likely too low by a factor of 2.You are missing the misc charges like asset protection, bookkeeping/accounting/tax man, utilities due to property issues such as by a slab leak, legal/evictions, etc.The 50% rule is aggressive at this rent point and projects $82/month of cash flow.  

On property number one, I would cash flow $750 a month after mortgage, taxes, and insurance if I also rent out the unit I live in.

Hey William, what you said about S-Corp being a tax filing status and not an entity formation is spot on; that’s a common point of confusion.

Yessss, Rohullah I appreciate all the feedback regarding taxes!