I have talked to a few more lawyers and a great recommendation that is a financial planner who has a different way of setting this up through a Delaware Statutory Trust

Originally posted by @Wendell De Guzman: @Steve Babiak is right.

I have a opportunity to by three adjacent lots at the end of a cul-de-sac, but would need to extend the road and the cul-de-sac.

This is the world of Delaware Statutory Trusts.

I was wondering if anyone has any recommendations / referrals on RE agents in the Delaware County area or even Philly?

The house is in a Great location in town, on a cul de sac and most of the houses that have had trouble selling in this area also are the same ones completely outdated.4.)

do you equity in the property that you own Upstate, if you do then why not open a HELOC, and purchase the new investment property to get the cash flow you need, then possibly after 6-9 months try to refinance the property possibly buy and rehab of fixer-upper, take that and buy 1-4plex or buy and hold single residential for the passive income, you should be in a fair market if you live in the d.c. area va/dc/de/md metropolitan i have family in glen burnee not that far from you, just take aim at your niche and pull the trigger, be sure to do proper due diligence and you should be alright, keep posting but most of all keep sharing

I haven´t found a local REI club either and since you are the first person I find that shares the same enthusiasm as I do, let me tell you what I'm doing and I hope it might be useful for you.After doing a Market study about rents within different áreas that I thought would be profitable to invest (and within my possibilities) I used my credit and leverage a 39k, 25 year loan with a 7.25% rate and bought a small one floor house (72m2), the owner agreed to defer the 3k down payment into 10 monthly equal amounts.My project is placed in Merliot, which I believe has favorable ingredients like job sources, low crime rate, easy Access, universities, commercial malls and I think the “Diego de Holguin” will bring development to the área.

@Dave Myers I would look in your own backyard, Delaware Ohio.

The other three are: equity (de-leveraging), appreciation (forced and natural) and taxes.