You still have utilities, taxes, insurance, realtor commissions,...

My question is regarding taxes.

I generate all types of leads; probates, foreclosures, tax delinquent, etc.

I accept it as the cost of doing business as a landlord, like paying property taxes and changing carpets every few years. 

Your cash flow is basically rent minus mortgage P&I, property taxes, insurance, income taxes, local fees, utilities (if you pay any), repairs, management, vacancy, evictions and capex items.

That means the firms pay no salary, no payroll taxes, no benefits.

If I pull out for instance $100k, I get hit with a 10k (10%) penalty then taxes (assume 25% federal, 5% state) on the full 100k as well right? 

I purchased a Tax Deed and found out that the property is land locked and had an error in the parcels and folios and deed years ago.But when  I called the  Clerk office they said there is nothing that they can do about it.Please help if you have some suggestions.

If the LLC is a disregarded entity then technically you do not change tax payers by placing yourself back on deed to satisfy lenders requirements. 

I don't believe there is a CO yet that states bedroom count, however, I had a buddy of mine run tax records and this property was always deemed a 3 bedroom he said.