@Wendell De Guzman, you're absolutely right.

To this end I am de lurking here on BP and I have the next meeting of my local REIA circled on my calendar.

@Ruan De Nysschen From your posts above, I'm assuming the bank doesn't own the property since the property is in default.

Also if anyone is from or knows anyone from or near the Delaware area who has experience in single/multi family rentals, point me in their direction please.

Originally posted by @Rinee John de Leon:@Henry Lazerow I would disagree.

Like yesterday's Tour de France stage being terminated early because of a mud slide from a freak storm.

Currently you can only form a Series LLC in seventeen states:Alabama, Delaware, Washington D.C., Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nevada, North Dakota, Oklahoma, Tennessee, Texas, Utah, and Wisconsin.

I'd look at Delaware, Pataskala, Dublin, Grove City, Westerville, Pickerington, or Hilard.

Here's a link to the current proposal being considered by the city of Austin.https://www.austintexas.gov/de...

I’m thinking about starting an LLC out of Delaware and doing business through that account.