I have a 23 unit condo building in Chicago, and I currently own 22 out of the 23 units with the intention of buying out the last unit. I have heard from some people, but have not gotten a definitive answer, that going...

Quote from @Steven De Lange: BRRR out-of-State is a great strategy if you have a good team of people in the area you are looking to invest (realtor, property manager, and contractor/ project manager)- a team you can build through BP. 

Is this furniture able to fall under the de minimus safe harbor even though it was purchased before the officail "in-use" date?

@Andrew De Michaelis I'm also looking in the 1-4 unit multi-family area right now.

@Jared Friedman I would speak to your financial advisor about Delaware Statutory Trusts (DST) or Syndicated Tenant in Common property interests (TIC).

What he is talking about is de minimis safe harbor to expense 2500 or less. 

Looks like it might attract folks from all over Virginia, West Virginia, Maryland, Pennsylvania Delaware and DC (Morgantown, Hagerstown, Pittsburgh, Harrisburg, Rockville, Alexandria, Baltimore)

Quote from @Mariel De La Garza: Hi Everyone!

Someone told me I can take a look into the Delaware market, since it's closer to me.

If you do not have a residential address in Delaware or very close to the city of Wilmington, they will make you get a property manager.