@Joel De JesusWelcome to Bigger Pockets.

I assumed the penalty (if there's even one) could be "de-escalating" as the note matures.  2. 

De-kitchen-ing is usually the most costly part of this.

Otherwise it has to be "registered" with the state and it's just a whole bunch of extra paperwork, etc.The best practice I've heard is individual LLC for each property, which are in turn owned by an "umbrella" LLC from Delaware, Nevada, or Wyoming for the purposes of anonymity.

Inventory is very low in these areas such as Delaware county, and Montgomery county.

Thanks for the mention @Paul De Luca and @Jonathan Klemm.

If so, I would recommend getting a housing inspector to look at the shared space to see if it falls under the 1,752 de minimis exception.  

Ps. merci beaucoup :-) Je veux bien parler en français ici, mais je ne pense pas que je vais recevoir beaucoup de réponses!

I just signed up for this program, property scouts, andwondered if anyone has had success with it, the marketareas I chose are:  Manage Markets (20) Market Scouts Leads Status Action Philadelphia, PA 0 0 Active View Riverside-San Bernardino-Ontario, CA 1 0 Active View Santa Barbara-Santa Maria-Goleta, CA 0 0 Active View Los Angeles-Long Beach-Glendale, CA 0 0 Active View San Francisco-San Mateo-Redwood City, CA 0 0 Active View Boulder, CO 0 0 Active View Orlando-Kissimmee, FL 0 0 Active View Virginia Beach-Norfolk-Newport News, VA-NC 0 0 Active View Wilmington, DE-MD-NJ 0 0 Active View Sebastian-Vero Beach, FL 0 0 Active View Newark-Union, NJ-PA 0 0 Active View New Haven-Milford, CT 0 0 Active View West Palm Beach-Boca Raton-Boynton, FL 0 0 Active View Washington-Arlington-Alexandria, DC-VA-MD 0 0 Active View Baltimore-Towson, MD 0 0 Active View Las Vegas-Paradise, NV 0 0 Active View Napa, CA 0 0 Active View Myrtle Beach-Conway-North Myrtle Beach, SC 0 0 Active View Charleston-North Charleston, SC

The same day, i will be de-winterizing the house.