I really like areas like some areas in Delaware County, Fishtown/Olde Kensington and Brewerytown depending on the property I would also consider house hacking.

@Brian Barnes I would also suggest due to your area (Chicago area) that you read up on @ Wendell De Guzman on BP.

It is Albany Delaware county.

Many of the multi-families in the city are constructed so that they can be de-converted  to single family homes(which can very often be highest and best use) as a possible exit strategy.  

Have a flip (my first, in Union County) closing before the end of the month and two rentals (one local, one in DE).

I just graduated from the University of Delaware and accepted a job working in the Banking and Finance industry.

This is the world of Delaware Statutory Trusts.

Hi Ake, I see this post is a bit old, but my understanding is that in Berlin you won't be liable for capital gains tax if you live in it for two years, or if you don't live in it but own it for 10 years (I think either 25% or your marginal tax rate if lower). https://www.immoverkauf24.de/immobilienverkauf/hau...I think the main issues for live and flip are the large transfer costs in Berlin, up to 15%.

Can I still buy a property with an LLC registered in say Delaware.

I would suggest working with a local agent and also thinking about the outlying areas, canal winchester, newark, marysville, delaware, etc.