I don't plan to have any physical presence and my business plan involves investing in multiple markets but the question remains, where can I officially open my business in the most tax efficient manner?  

and your presence on BP has been very inspiring.

Many investors have to be more creative to get into a home and if you can close faster because of cash, or offer better terms to a owner financier (ie, bigger down payment, deferred move out time, whatever) you'll have a leg up.And you can develop your own buisnesses web presence when its time!

Thanks for the input.I'm just surprised that with all the online resources on foreclosures and REOs that estate sales don't seem to have much presence.

Usually, only heating oil USTs associated with commercial properties are regulated. thus, most home heating oil tanks may and often are taken out of service without any oversight from state regulators.Second- the rules that are in effect for heating oil tanks are usually less stringent than for diesel or gasoline tanks since heating oil tends to thicker and may not migrate as far. as a result, many states just require tanks to be cleaned out. they may also require the tanks to be filled with sand or concrete to prevent collapse. but sampling may not be required.Third- the key to determining if a tank has leaked is to collect soil samples from around and beneath the tank (groundwater also if groundwater is shallow). another quick way to see if a tank is leaking is to "dip" it with a stick that has a paste that turns color in the presence of water. generally, if water has gotten into a tank, it can mean oil has leaked out of the tank (although a certain amount of condensation may be present even where there is no leak so this is not a infallible test).Fourth- if there is currently a tank in the basement, ask the owner if there used to be a buried tank (a/k/a underground storage tank).Fifth, If the tank has impacted the soil, the cleanup generally varies from $25K to $50K though the costs will depend ont he depth of the contamination. i once had a home with a heated pool that had pressurized piping and used diesel. the contamination went down 40 feet and the consultant went crazy excavating the soil to the tune of $400K!!!

So infirm she needs constant nurse presence, her daughter to move in, has tubes attached to her, etc.

Hey @Rick BorgoWe're actively investing in STRs in Atlantic City (with a non-STR investments as well) and are quite bullish on it.Beyond the casinos, Stockton University's presence has been a boon to the area.

I pay him a little bit of money and in exchange it gives me a local presences since I invest out of state and GC's will take advantage of you if they know you can't monitor them regularly. 

It's still in the making but we have been discussing ways to help each other out & to add more people once we are fully set up & grow our online presence. 

There is an opportunity for short-term rentals in the downtown area, but for the most part, it will need rehab to have a decent return.It's worth noting that there is a huge military presence out here as well with the Army bases.