My name is Rolando De La Cruz and I live in Texas.

My asset protection attorney setup a Delaware Statutory Trust for my rentals.

Your lower level GCs can be just anybody, not the creme de la creme that they are in Cali, they're even fingerprinted and background checked with the FBI.

Delaware - 8%Assuming there's additional nuance here with states like California and Alaska handling taxation at local levels, but what are you all hearing in your neck of the woods? 

Consider a DST: A Delaware Statutory Trust (DST) is a tax-efficient, estate-planning friendly option for accredited investors.

My wife and I are moving, and we're debating whether to rent our ~2400 sq ft 4 BR single-family home in Newark, DE instead of selling. 

Quote from @Paul De Luca: @Nilusha JayasingheConnect with @Samuel Pavlovcik Thank you for the rec, yes I called his office :) 

With that, having properties de-leaded is something that any investor should very much consider as all of these programs will require it.Like Dan mentioned, a lot of properties do have separate utilities.

@David De La TorreBe sure to have builders risk insurance while you are rehabbing.

Not everyone starting off gets hit with this, and if you can buy a portfolio it can "de-risk" the issue to some extent, but if you have one property and experience an 8-9 month fight to collect rent prior to eviction with a large repair bill after that it can be very painful.ALWAYS use a licensed PM in Detroit.