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

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

Hi @Mike Moran, as others have said, if you’re considering a 1031 exchange, a Delaware Statutory Trust (DST) might be a good fit.By reinvesting in 1031-qualified DSTs, you purchase ownership interest in multimillion dollar properties that offer long-term income - and don't require you to be a landlord!

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.