Quote from @Dario De Pasquale: Hi everyone,I am a small STR investor and in the past few years I have been investing in both stocks and real estatewith COC returns of about 20% for the past 3 years.I am considering diversifying my portfolio with LTR and I know that returns there are going to be a lot smaller.So I was curious to know if there was a rough formula that could include mortgage paydown, tax advantages, and estimated appreciationto be able to compare apples with apples.I am only familiar with Cashflow, CoC, Cap Ex, and IRR.Personally I look beyond those items when I invest in real estate.

Investment in this area tends to be block-by-block so as @Paul De Luca mentioned, it's worth driving through and assessing prior to making any investment decisions.

I'm not a lawyer but I'm familiar with large-scale real estate investors purchasing properties in the state of New York using a Delaware LLC.

My soon to be buiseness partner and I are looking to form a series LLC in Delaware.

Texas, Wyoming, Delaware only allow piercing the veil under fraud.  

What is relevant is that if someone else pays for your purchase (note: in retail home purchase it's a lien holding mortgage company that de facto owns your home and holds deed of trust until you pay them off if you get a loan to buy house) it is not in itself an indication of your evil intent or evil nature.

I'm in Delaware and our market is not the frenzy that it was two years ago.  

While I would typically say stay out of interpersonal issues between tenants, this is obviously more of an actual problem bordering on or actually a lease violation.

Yes, I live in AZ and have managed my own STR in Delaware for 2 years. 

Quote from @Paul De Luca: @Sean McKeeThat's a good price on a 2-flat for Berwyn and I'm guessing the property needs some work.Typical Berwyn rents for the units you have described (at market levels) usually range from $1200-$1400.