I believe the Delaware Series LLC structure is something that you may want to look into.

I like Delaware County to the west of Philly (Not West Philly).

Now their tenant is being disturbed to parade through persons b, c, d, e, f, g. 

I am thinking of holding them in land trusts with LLC (or S Corp) as the beneficiary for identity and liability protection.Can the LLC be formed in out states such as Nevada, Wyoming or Delaware for less cost or it must be CA LLC because I live here?

Delaware Water Gap National Recreation AreaFrancis E.

Do LLCs reduce the risk to 0%, of course not and they don't provide protection from gross negligence, but they can de-incentive people from starting litigation against you. 

If you analyze deals like Mike and Llewelyn do, with some sort of net present value calculation ( IRR in this case), then cash flow from a refi and free cash flow are de facto the same thing.

Invest in a Delaware Statutory Trust (many options available, but be careful you invest in a recession-resistant asset). 4.

@Chris Pike A Delaware Statutory Trust (DST) is an investment that someone would typically purchase through a Financial Advisor.

Wyoming and Delaware are two of the most popular states to form LLC's.