Go figure out what job (if 2 incomes adds up to 2400/mo) ????   

Depends on your goals, your timeline, the amount of money you are planning on investing, the cash flow it generates, if you are married or single, your annual income, your tolerance for "tenants, turmoil & toilets", and a couple of other things.

A confused mind will just say no, so, you've got to provide the data.The second way to add value to a property is income because without income a property's not an asset, it’s a liability.

Cash is great but if you have healthy income you don't have to let the lack of a big bundle of bills stop you from getting started - you just need to know that if you ran into a problem, you could access the funds to take care of that problem, and you could pay those funds back in a controlled way without skipping your mortgage payments or having to go to a soup line for awhile. 

I just picked up a copy of “Start Your Own Corporation” by Garrett Sutton.

What is the income, how much work it needs, what he wants for it, etc.You just need to discuss the basics, and figure out whether or not it will work for you. 

I am interested in learning more about how to set up apartments for long term corporate rentals. 1.

Your rental income will have to be significantly more to provide positive cash flow (closer to $2000).  

Our condo income and expenses are all in the exempt category and nothing is taxable. 

These are typically more like corporate housing or traveling medical professionals.Short term rentals—We've used Airbnb selectively as a way to turbo-charge properties that maybe have a small funky unit that can't command strong rents but still is a bear to heat in the winter.