Hi everyone, my wife is retiring next year and we hadn't considered Delaware (we're currrently in Princeton Jct, NJ) till a few weeks ago when we were supposed to visit some friends in Lewes, DE. 

Originally posted by @Paul De Luca:@Robert AndersenAre you sure the rent isn't too high?

Some say that the benefits of this is that it gives you an extra layer of protection, anonymity (if you have the holding LLC in a state like Delaware) and additional ease in transferring money between the LLCs.

Hi,  I bought a property in Middletown, DE for rental recently. 

Originally posted by @Paul De Luca:I read about this in a blog article recently: https://www.biggerpockets.com/...Bonus Tip — How To Cheaply Transfer Property To an LLC"...you can easily avoid triggering a due on sale clause by using a land trust instead of a direct transfer.

Having an LLC in Wyoming or Delaware helps keep away the people looking to pursue you with minimal effort.

@John Warren @Marian Huish @Paul De Luca Thank you for replying me!

@Paul De Luca thanks!

Property Tax - $50/mth ( gotta love delaware) Insurance - $90/mth Vacancy - 5% - $100/mthMaintenance 5% - $100/mth 401k Loan - $433/mthLooks like that is about $973/mth + Principle and Interest. 

Purchase price: $190,000 Cash invested: $25,000 My first investment, a house hack near the University of Delaware.