I got myself a little over leveraged for my liking, so I am in a de leveraging mode.

Thanks for the input.If I'm following correctly: 1) An LLC (set up and managed correctly) holding a title with a personal guarantee WILL NOT protect your personal assets if you personally manage the property and are negligible (i.e. forgot to de-ice) 2) An LLC (set up and managed correctly) holding a title with a personal guarantee WILL protect your personal assets if you use a licensed and insured property management company / contractors.

It's on the southeast border which is a very quite area and very family friendly.

Hey @Edwin De leon - although there has been some great advice in the previous comments, you definitely need to start talking to your attorney and/or CPA about this. 

Specifically, this quote seems to confirm in my mind that creating a WY corporation to own your local state corporation (to maintain privacy and asset protection) is over:“For years, the US — thanks especially to states like Delaware, Nevada, and Wyoming — has acted as the world's biggest provider of anonymous shell companies.

I'm doing a 1031 exchange and considering investing in a Delaware Statutory Trust (DST) as my replacement property. 

Has anyone used the Delaware Statutory Trusts? 

Are you aware of the Delaware Statutory Trust?

With capital moving around the world seemingly without borders people tend to forget that real estate (or better: value creation in real estate) is a truly local affair. 

Check out Columbus Ohio and surrounding areas such as Lancaster, Newark, Delaware, Marion, etc