@Paul De Luca thank you! 

Check with your legal and tax counsels and I am not familiar with CA laws but so have a few DE and other LLCs, so here is my take:1.

Ultimately the property was sold to a local developer who bought out all unit owners and de-converted the property back to an apartment building.

Hi, I am Toni Garca, a relatively new investor in Wilmington, Delaware.

Hi all, do any investors in the Chester county or Delaware county PA areas have a good attorney that they suggest?

There is a group you can get on to access this market.She requires fully furnished, month to month since their contracts can be cancelled anytime, pets, nice secure place.Because of the above you should charge more or have a de-escalating rate, the longer they stay.Even with the extra rent rate, don't know it's worth the turnover cost. 

My girlfriend and I recently moved from Delaware and have not looked back.

Hi My Fellow Biggerpocketers, I am temporarily staying in Delaware and looking to see if there is any opportunity in this crazy market to buy and hold either a sfh or duplex strictly for a cashflow play in this state (if the numbers make sense) and stay within a budget of around 110k (max note I would be using traditional lending).

In Delaware we are only able to collect up to one month additional rent for a refundable pet deposit. 

Purchase price: $6,500,000 Cash invested: $50,000 "de Anker" is a mixed use building in Downtown Holland Area.