The 10K price though seems excessive.

With all due respect to the non-Texan responses, a $3500 earnest money deposit on a $104,000 house is VERY excessive. 1% of the purchase price is the norm.This tells me that the sellers has been burned by someone backing out of the deal.

Generally, an umbrella policy covers any excess damages that haven't already been paid by your underlying policies, but those policies need to pay in the first place, and then the umbrella kicks in.

Most complaints sound like sour grapes, excessive fees or cumbersome processes.  

At the end of the year, I will have in excess of $100,000 in cash available to invest. 

The excess capital from leverage does not have to be reinvested in more real estate.  

Excess food lying around is the main reason for mouse to vist your property.

I'm the borrower so my perspective is to keep it simple and not as "lender favorable" as a standard mortgage, but at the same time I don't want to skip details which expose my lender to excess risk. 

But then again, I am unique, having previewed in excess of 10,000 homes in my life and reviewed sales documents on over 5,000 transactions. 

If your C-Corp has income and you want to use it personally you will either have to give yourself a wage, or take it as a dividend and be subject to double taxation...Tell you CPA that people are questioning your use of a C-Corp, it doesn't seem to be the most tax efficient way to invest in real estate because of double taxation or excess self-employment taxes in trying to avoid double taxation.I presume your goal is to make money in real estate - by operating under a pass-through entity (receiving a K-1), this income should increase your financing ability as an individual.