You will want to participate in the Delaware Valley Investor Group, RING, the Greater Philadelphia Real Estate Investor Alliance and other groups you can find on the Internet.    

I did not have any taxable income for years while re-positioning properties because most of the rehab was below the $2,500 de minimis safe harbor...even some HVAC replacement that did not exceed the 25% unit of property limits. 

Hello everybody, My name is Ricardo De La Rosa and I live in Los Angeles.

You can expense all those items under the de minimize safe harbor rule.

I am located in Delaware and have been keeping my eye on a few deals in Baltimore.

I invest in Philly, South Jersey, and Delaware. 

Originally posted by @Wendell De Guzman:Robert, if I were you, I will buy a 4-unit using an owner occupant loan.

Now I have no research yet to support this, but as I travel this extremely small geographical area of the DE peninsula (yes I live in DE) I don't see much potential.

I think our biggest concern/push for incorporating would be to limit liability and de-risk personal assets.

Investment Info:

Small multi-family (2-4 units) wholesale investment.

Purchase price: $50,000

Cash invested: $1,000

Sale price: $60,000

After about 18 months of conversations and negotiations I w...