I'm a resident of Virginia but considering to incorporate in Delaware. 

I'm buying three rentals in wetaskiwin, I just realized i should look into incorporating or LLP's. after this I will have a total of 4 properties and 5 doors.

I have my license as well, still waiting to incorporate it into my investing.

@Connor Burnett you've gotten a lot of good feedback already, and I would second the following advice:- You need to know and incorporate the expenses for maintenance and vacancy costs.

My main point is that being away from your home adds risk and costs to your project that you need to incorporate in your decision process.Yeah 80K is a tough limit to have especially since you are only looking for a cosmetic work in that area perhaps Lynhurst, or farther out.. get on google maps and follow the NJ or LI transit lines away from the city to find something reasonable.You may want to start looking at the sheriff sales, though the times that I went went to the union county sales, if was rough.... you should go to the auctions with out any money just to see the process before you try to bid.And to be fair...

I would incorporate the infrastructure that NA Beard mentioned, and I would hire a number of people way smarter than me.Then I would raise enough capital to be very well funded.

I'm new to investing and decided to go this route because I recently went through a major layoff in corporate America, and I finally had the opportunity to do something that I was passionate about.

we need your help to choose the business entity that is appropriate to our goals in REI. my partner and i are focusing on multifamily home rentals with sec8. we are trying to build passive income and maybe do flips on the side in illinois where we reside. do you think we should incorporate our business name with LLC or S-corp?

More passive, more bang for the buck, and very tax-friendly - the IRS gives people more financial reward to be property investors than any other investment.To incorporate your potential love of flipping, I might suggest finding distressed properties, fixing them up, then renting them out.

If you need to see some language to incorporate into your own documents, your best bet is to speak to a Real Estate Attorney.