I'm in Delaware so I personally don't know how the market is in Boston but if you could find a motivated seller who just wants to sell thier property bc of foreclosure, death in the house, property the owner doesn't want or etc. if you can find this someone who is motivated, that would be easier than trying to wholesale a REO property bc its gonna be harder trying to wholesale a REO bc your end buyer (typically a house flippers) can simply buy it themselves so if you have a motivated seller who has a property or even a stressed one that they want to get rid of, the goal is to get it for a low price to where you can make some profit off of it and to where the numbers still work for your end buyer who lets say is a house flipper can still make 20-30k bc they do all the hard work and you can still simply charge an assignment fee of however big or small to where the numbers still make sense but an off the market property is definitely the way to go.

I understand Nevada and Delaware have better laws toward corporations, but don't know if it really pertains to what we're doing.

If you aren't using a property manager, then your cleaner essentially become your de-facto manager, informing you of anything that is broken, needs addressed, etc.

Same with some of the smaller towns north of Baltimore like Havre De Grace.

Hello, I am a college student interested in wholesaling properties in Delaware and Philadelphia.

Hi @Senthil Akasham, There are a number of potential strategies you might to consider here if you want to sell and structure some type of a tax-deferred transaction, including:1031 Exchanging into Net Lease Properties (@Joel Owens) 1031 Exchanging into Tenant-In-Common Investment Property (TICs) 1031 Exchanging into Delaware Statutory Trust Investment Property (DSTs)Seller Carry Back FinancingCharitable Remainder Trusts (CRTs) 1031 Exchanging into a Net Lease Property or a Tenant-In-Common Investment Property or a Delaware Statutory Trust Investment Property would allow you to sell your relinquished property, defer all of your income tax consequences, get out of property management in order to eliminate all of the related tenant headaches, and still acquire replacement property with an increase in cash flow.Selling with seller carry back financing would allow you to get out of your current relinquished property, defer the payment of some of your income tax consequences over the term of the note, and get rid of the property management headaches.

If much of your rehab items fall below the $2.500 de minimus threshold and/or unit of property improvement thresholds, they may be tax deductible and you may not have much taxable income for the first year or two anyway.Also, many cost segregation firms also offer free cost/benefit analysis on your properties.  

Hi De - Thank you for the thorough review. 

That looks like a squirrel hole, so you probably need to trap the squirrels first before fixing that soffit.I used KO Roofing in Delaware County to replace one of my properties' flat roof and they were reasonably priced and responsive.Good luck

Although, I have learned the student population base in all schools in Illinois (besides ISU) has been declining due to the state government de-funding grants.