@Tom De MoyaTom: Based on what you shared, this looks like an interested deal.

I've personally been looking near college towns (Salisbury University, University of Delaware, University of Maryland) where there is demand for rentals.

(Just kidding, of course.)Seriously though, since the cost of removing a tree is under $2,500, you can simply include a "Safe harbor de minimis" election with your tax return and avoid the entire debate.Click here for an explanation, but skip the tedious details and just scroll down to "How do you elect..."

@Matthew P.Most of my out of state clients form AZor DE entities to hold their properties here in Arizona.

I finally settled with a Delaware Statuary trust setup as a series for each property.

The property and the leverage should be de-coupled completely.

@Charles SalumnWelcome, Wilmington DE and Elsmere DE are really nice.

It would obviously be a lot cheaper to install electric baseboard especially considering one of the 2 bedrooms already has some electric baseboards installed in it.The house is in a nice neighborhood for the town it is located and is on a cul de sac with a fenced in yard (.25 acres) and the apartments are large 2-bedrooms for the area as well.My question is 2-fold:1.

I would like to extend the road from the paved road nearby, run a road and a cul-de-sac then places the homes along the road(s)Does anyone have an idea of where I'd begin to look into costs, permits, or anything?

Boas João, eu sou investidor mas estou na Andaluzia na cidade de Ronda.