Hi everyone, I currently have a Property Manager for my unit in Wilmington Delaware but want to start exploring other options with the end goal of managing it myself.

I hear a lot on the internet that no matter how you set up your business structure for asset protection you want to have your main holding company that owns all of your other LLCs out of Wyoming, Delaware, or Nevada for anonymity purposes..

@David de LunaThank you for the input David.

We've discussed various options like Series LLC, land trusts and even setting up LLC's out of state (Texas, Nevada, Delaware), but through his guidance we've decided that staying in Ohio would be best.

Quiet cul-de-sac.

@Paula Balfour Check out Corner Escrow, Christy de la Torre or First American Title, Noah Prestwood. 

Passive investor in a larger deal is the easiest way (Delaware Statuary Trust (DST) or Tenant in Common (TIC)).  

I live and have three long term SFR in Delaware County.

- Would you advise incorporating in CA (the property would be in CA, so a foreign LLC would likely still be subject to CA's $800 franchise fee) or are there benefits to incorporating in another state (WY, Delaware)? 

@Ryan ZimmermanHere are my favorite books:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!