I’m focusing on small multi-family properties in Delaware County.

@Ryan Klein - I've done BRRRs in the Philadelphia suburbs - and particularly Delaware County.

I'm Lindsay Conley from Smyrna Delaware, passionate about real estate investing for 10 years.

@Paul De Luca & @Cam Schwartz!

Is an interest in a DST (Delaware Statutory Trust) considered real estate ownership or a security in Florida? 

Raul, un placer soy agente en San Antonio y tengo propiedades off-market, también tenemos varios lenders y contratistas que sirven de referencia. 

It is a DE corporation and ownership of the strips will be held in an LLC.

Like other posters have mentioned - it will likely vary by lender - but generally most states will be OK with either Individual or LLC but there are a handful of states that due to various regulatory interpretations will require a LLC (or require a LLC to have prepayment penalties on the loan structure) Borrower = Individual or Entity AL, AK, AR, AZ, CA, CO, CT, DE, DC, HI, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, NE, NH, NJ, NM, NY, NC, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, WA, WV, WI, WY Borrower = Entity only GA, FL, IA, MT, RI, VA (1-4 Units) Prepayment Allowed Vested Entities Only IL, NJ

On a cul-de-sac in a quiet mobile park.

STRs managed for us, share cropped agricultural land, and Delaware statutory trusts) will go to my heirs and they will pay no tax.