It's not that the neighborhood is not great, it's just that it's on a cul-de-sac that is just outside the traditional student area.

I talked to them over the week end and the most they would tell me is they are a Delaware company, didn't share their corporate name, but they certainly wanted a lot of information from me, such as bank statements, copy of social security card, and a lot of other stuff that I just don't feel comfortable in giving out to anyone that I don't have any kind of relationship with.

However, the complexity with incorporating the concept of the Delaware Series LLC in California can be prohibitively expensive; insomuch as, California recognizes each series as a separate LLC, ergo $800 tax for each series.

This particular property is quite unique (Side by side duplex with 3 beds and 2 baths per side, hardwood floors, and completely updated...oh, and the last house on a cul de sac with almost no other multis in the entire town). 

Unrelated to this conversation, I just heard a story from a realtor of an ice cube left on a laminate kitchen floor overnight that caused swelling and minor de-lamination.  

@James De Silva  Short answer is at least one..... lolWhen people tell you to look at dozens or 100 houses for everyone you purchase they must mean on-line. 

If you are going out of state, form a main corp where the resident agent is cheap (az, wyoming, delaware) , and mail forwarding service.

My pitch to them was strictly selling myself and my business  to them, knowing I had competition for the dollars and having a Plan A B C D E F for any question they could throw at me.  

I have a de-ja-vu from the 2004-2006 party before the subprime blew up in everyone's face. 

Hi All,My name is Erika and I'm an investor in New Castle County Delaware.