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.

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

The broker channel has been de emphasized in recent years as the big banks try and squeeze every profit centre.

I'm located in Delaware, so I'd like the business to be based here as well.

I am from Delaware.

I would agree with @Rich O'Neill about the areas of West Philly, you can certainly find a duplex far below 250k that needs some work done to it, and will bring good appreciation in the long term.I would also consider looking in Delaware County, specifically Drexel Hill.

Bennett, have you looked into Delaware County?

It was a dumpy, neglected house in a great neighborhood with a massive .5 acre lot on a cul-de-sac and had a lot of potential.

:https://www.immobilienscout24.de/expose/119411702#/Current owners are getting ~14.6 EUR/m2/m and selling for about 5K/m2. 

I am currently looking into a Series LLC and along with that, exploring the states that offer it.If you have a series LLC in Delaware, what made you go with Delaware as opposed to another state?