I started here and took a course with IDA:  https://www.cnu.org/our-projects/small-scale-devel...There’s this book I have but haven’t read yet: https://www.amazon.com/Professional-Real-Estate-De...We actually started a small group here in Houston on how to do our first small development; meeting once a month and getting speakers to come.  

I plan to create an LLC in Delaware to purchase this property under.Ill make sure to tag you in the post when I update the spreadsheet on Monday!

@Steve Hartkopf and @Greg Scottin regards to the estate planning aspect of real estate.. expanding on Dave's mention of DSTs.  1031 exchanging your properties into Delaware Statutory Trusts real estate portfolios allow you to effectively retire from active management, diversify into professionally managed portfolios across asset class/sector/geographic, have limited/passive ownership, and collect tax advantage income that gets a step-up in cost basis at passing eliminating any capital gains tax. 

Hello BP members, I have just finished my first flip in the Wilmington DE area (N Van Buren).

I have a property on a mountain in Rio de Janeiro  that looks down on a valley that looks like Swiss Alps without the snow.

If you're wanting to avoid taxes on your sale and you want to reinvest in something passive then you might want to look into Delaware Statutory Trusts.

@Paul De Luca Thank you for your insight!

The house is detached and sitting in cul-de-sac.

Many basement require that a de-humidifier be constantly run. 

I went to the bank today to get myself pre approved for a loan to see what I can afford, so I am still on that, but I have a few questions about the location.i talked to an agent and he suggested and showed some multi-family homes in Delaware -Ohio. he said "there wasn't any in columbus" not sure why???