Or open a LLC in a more friendly state like Delaware, Texas, or Nevada but I think you're getting ahead of yourself honestly.

Quote from @Craig De Borba: @Miguel Suarez  in the same boat..followingsounds good!!

Due to this, I don't create new LLCs for my SFRs.You could also look into Delaware LLCs.

In addition to Pennsylvania, my thoughts are exploring in the neighboring states—New Jersey, Maryland and Delaware.

Quote from @Paul De Luca: Quote from @Elmurat Bavlankulov: Hello BP.My name is El.

Hi BiggerPockets Community,I've got 200,000 earmarked for investment, and I'm looking to dive into the BRRRR, or the Fix and Flip strategies, My focus is rather on a few smaller properties in upstate New York—think Orange, Sullivan, Delaware, Ulster counties, and the scenic Borscht Belt,Any tips or recommendations?

Show me some examples, as mentioned my son lives there and my daughter is in Lewes DE, so it would be great to do deals there and visit my kids All in , rent ? 

Welcome to the site @Stokely De Freitas!

Quote from @LeRoi De-Souza: Hi Everyone, I'm just starting out and recently signed up for the bigger pockets forum!! 

Same with putting a larger deposit down to make your monthly payments lower doesn't mean you are cash flowing more as you put more money down to 'force' the cash flow.What matters most is that you are happy with the numbers and they work for you.Thank you, the appreciation is very good potentially and it easily offset de negative cash flow, I am just not very happy having to put money every month