My friend did this and it ended up working out really nice and you basically have a new house but it’s a “renovation” and they didn’t have to put solar and pay certain fees etc.ADU is also very popular right now and seems easy to get the permits, but if it were me I would think long term about the property value if I intended to sell at some point. 

In response, Ohio REALTORS® worked with Senator Andy Brenner (R-Delaware) to introduce SB 192 to regulate wholesaling activity and require disclosure be provided to homeowners before they enter into a contract.

Quote from @Paul De Luca: Quote from @Andrew Burrell: Hi everyone,My name is Andrew and I am currently located in Boston, MA.

In DE it's 48 hour required written notice sent with proof of mailing. 

I am currently living in NY and looking for rental property opportunities in Wilmington DE but open to other areas.

You could de-risk your approach by diversifying and purchases 3-4 smaller properties. 

It all depends on your situation and what state you're investing in.Everyone and their brother will tell you to create a Nevada or Delaware LLC - no matter what your situation is you (most likely) do not want to go this route.Other than that most things you'll encounter are the same. 

I’m in Millsboro,  Delaware.  

I'm in area that has a huge summer season (Lewes, Rehoboth, Dewey Beach DE). 

@Manuel De La Cruz Are you using the C-Corp as your property management company, only, or did you also purchase or transfer the property into the C-Corp.