Here is a link to a thread posted by @Wendell De Guzman earlier this week which might be right up your alley.

I see no rational reason why anyone would de-lever their balance sheet any faster than necessary when you can borrow for free or be paid to borrow money.  

Here's my favorite podcast because I am featured in it (hahaha)...but do listen to all the podcasts:http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/Also, you can learn a lot by following my weekly business update where I share with BP Nation what's going on with my real estate business.

If I create an LLC in Nevada or Delaware, is it ok and proper to conduct buisness in the state in which I reside (VA)?

Here's my favorite podcast episode (I guess I am biased because I am featured in it - LOL):http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/

@ Wendell de Guzman & @ Larry Smet may I also get an intro as well?

However, we heard that in Delaware, there are no taxes for transferring property to LLCs; but we want to flip properties in PA.

Hahaha - nice one @Wendell De Guzman!

Here's the podcast: http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/ Also, you can learn a lot by following my weekly business update where I share with BP Nation what's going on with my real estate business.

It was once for sale at $12 million but has since come down.http://www.realtor.com/realestateandhomes-detail/706-Guisando-De-Avila_Tampa_FL_33613_M69361-33338?