Delaware - 8%Assuming there's additional nuance here with states like California and Alaska handling taxation at local levels, but what are you all hearing in your neck of the woods? 

I highly recommend local meetups, as you can meet other investors who have already gone through the wins and losses.

I am active Army and would like to chat.

I self managed my first properties because I wanted to learn the process and be actively involved. 

Also it depends on insurance company requirements, even if local code does not require.

You will never, ever, ever reach an asset manager at a bank unless it's a local bank.

It literally takes 5-10 minutes to find a replacement, or you could call a local vendor, ask them to find the device for you, and pay what they charge, which is marked up to cover their research time.Keep in mind you can only charge depreciated value.

Due to prolific drug activity at his rentals, the authorities threaten to seize his property if he doesn't take action to stop it.

Happy to look it over for you if you want to send it over.Regarding the legality of it, you'll need to consult a local real estate attorney unfortunately 

-based, with no local investors, why would raising capital be based on local laws?