NFT's are in their infancy, but I believe will become the de-facto method to securing ownership for many assets (not just digital) in the future.

I bought 1st property in Schenectady and am currently looking for 2nd around Albany area Delaware Ave. 

But the 1031 can be used to go into NNN commercial or a delaware statutory trust that are passive options.  

@Slade Sizemore yes by signing the assignment you become de facto responsible for the terms agreed on on the original PA, so you should definitely take a look at it before signing anything.

I will be creating an LLC soon to begin holding my properties however I'm not sure if I should register it in Maryland, New York, or an "LLC-friendly" state like Delaware, Wyoming or Nevada.

Or simply hire property managers, or into a passive Delaware Statutory Trust or NNN commercial property.  

I bought a smaller, wildly desirable location, studio single family in a downtown area in Havre De Grace, Maryland 6 months ago.

It’s prime for people who use the highway daily for their commute which in Philly could include Jersey or Delaware, quick access to a highway and/or bridge is ideal.

Here is a link you may want to explore that should give you the answers you are looking for: https://www.irs.gov/credits-de...

However, they're much more difficult to come by and the city is overly tenant-friendly.In contrast, cross the border into Delaware County where I just sold a triplex in Upper Darby for $205K.