I have a question regarding the de minimis safe harbor usage and tax planning.

@Steven De Lange, you have been incredibly helpful!!

I agree with everything @Devin De Lange said and would add one additional factor to consider.

Although Philly is not a viable option, I am considering investing in Delaware, Connecticut or Maryland which is not too far away.

In DE the notice doesn't take effect until the 1st of the month following the month in which it's given. 

If you'd like to increase the pet deposit (capped at one month rent in Delaware as is the security deposit) you would have to do it at a renewal (can be a renewal of the month to month lease)The damage to the floor is done now so that will be a charge. 

Quote from @Steven De Lange: @Vaibhav PandeyMy wife and I looked at St Louis, MO as well when we started and ended up deciding to start in our own hometown in Myrtle Beach first. two main reason: 1.

Hello BP,Does anyone have experience with Delaware Statutory Trust which they'd like to share?

My initial approach was to stay leveraged around 60-70% during the "growth" phase of my portfolio, basically until I reach my unit goal and de-leverage after that.

In response, Ohio REALTORS® worked with Senator Andy Brenner (R-Delaware) to introduce SB 192 to regulate wholesaling activity and require disclosure be provided to homeowners before they enter into a contract.