Being a Registered Agent in Delaware, my answer is going to be somewhat biased, but I'll try to remain as objective as possible. 

@Stanley Okazaki Not sure what your screening process is, but there were a few good suggestions you should use moving forward from @Dan Perrott and @Alberto De jesusYou should also have screening criteria somewhere in case you're accused of discriminatory practices.

Did they care about your $150/hour moving company idling in the cul-de-sac?

@Ben Leybovich @Wendell De Guzman Wouldn't it be nice if we could find lenders that went opposite the flow? 

To determine if a particular location will be a good choice, I use Trulia's crime map, Google street view, and input my my RE agent/broker/property manager, @Rachel De Faut.

ME too   LOL.. been doing it for over 30 yearsthere are two basic kinds  ONE performing or new originations that you make because you expect them to perform as written.and TWO NPN which seem to be soup de jour of the guru's these days..

I currently live in NJ however am considering moving my investment to Delaware because of the lower taxes.

I did one this week that cost me $350 and came with a simple operating agreement and a seal for the llc.I'm more confused than before, because I was under the impression that one LLC protects you from litigation on all of the deals that you do under that LLC.I've read that incorporating in Delaware or Nevada is advantageous, but that there are disadvantages of incorporating in a state that you don't reside in.  

However, use Code 1 even if the distribution is made for medical expenses, health insurance premiums, qualified higher education expenses, a first-time home purchase, or a qualified reservist distribution under section 72(t)(2)(B), (D), (E), (F), or (G).

There is a de minimus amount for needing to capitalize.