My mom is the original owner and the house is just under 30 years old, it's a corner lot at the end of a cul-de-sac but since it is a corner lot the backyard is twice the size of most other backyards in the neighborhood.

So, before I delve into getting estimates, how much do you think this should cost in Newark, DE on average?

States where you can form a Series LLC (courtesy wikipedia.com):Delaware (Limited Liability Company Act)IllinoisIowaNevadaOklahomaTennesseeTexasUtahWisconsinThere are also some states that will recognize a Series LLC formed in another state, but not offer the formation of one themselves.

It is located on a highly desirable cul-de-sac.

Could we just file some papers with Oregon and switch to Delaware?

I would advise Wyoming ir Delaware perhaps the most popular LLC states in the US.

I originally invested in D,E,F and G loan grades and that was when I was at the +9% returns.

@Bradley De comarmond, Thanks for your good comments!!

Talk to the exterminator about that too.If they find bedbugs in a unit, they will probably recommend de-bugging every unit with a touching wall, ceiling or floor.Good Luck!

What are people doing for financing these days? Deal will likely be ~$790k for 5 residential units + 4 commercial along Philadelphia Pike. Any help/advice would be much appreciated! I have ~300k I can get from a HELOC