Conversely, rents in most of Saint John (save some small pockets of Uptown) and au nord de la provence are considerably lower (and vacancy rates considerable higher).The homestead break for owner-occupents is considerable, but property tax on residential rental property is not {quite} double that of owner occupied properties.  

I am planning on my first flip in Wilmington DE & looking for financing now.

For the states of Delaware, Pennsylvania, and New Jersey are you requires to have a business license to wholesale a property? 

For anyone local to the Elkton maryland or local delaware area:I have run some numbers in the Hollingsworth Manor neighborhood just south of Rt. 40 in Elkton.  

However, I have a question.My family currently rents a single family home in North Wilmington DE.

Good Investing...anaheim, brea, costa mesa, coto de caza, cypress, dana point, fountain valley, garden grove, huntington beach, irvine, la habra, ladera ranch, laguna beach, laguna hills, laguna niguel, lake forest, mission viejo, newport beach, orange county, placentia, rancho santa margarita, san clemente, san juan capistrano, santa ana, stanton, tustin, westminster, yorba linda

The most common of these is called a Delaware Statutory Trust.  

query=de...Good jobs, growing jobs (near by) with good schools >= 6, cute, will make for best rentals, great schools 5 is still OK.  

Would I only be able to rent it, or would I have the option and sell it with the first lean paying off the original owners mortgage.I know this is very similar to finding de-stressed owners but the title is different from the liability owner in this case.

Hi @Felipe Guerra if you’re an accredited investor, considering a 1031 exchange and no longer want to be a landlord, consider learning about Delaware Statutory Trust (DST).