If you plan on growing, the Series LLC is a fantastic tool for you because it can scale infinitely and still house each property under separate "child" series.

If it went to court, are you going to claim the child read and understood the lease?

I could give you a silly answer like I would a child but I suspect you want to actually invest which means you need to be a little more specific in your questions.I will throw you a bone by recommending you build a strong foundational understanding of real estate investing.1.

The Land Trust is something that I use with my clients to allow them to avoid the foreign filing fees.The structure looks a bit like this: “parent” Series LLC > “child/member” Series LLC > Land Trust > property/asset.

This offers the same protections of an LLC, but you can separate each asset into its own “child/member” LLC housed under the “parent” Series LLC filing.

Ultimately, if you are looking at purchasing more properties I would recommend looking into the Series LLC, as you only have to publicly file the "parent" Series LLC and then you can create an unlimited number of "child" series under it - each offering the liability separation of individual LLCs when operated correctly. 

We are currently still living in and working on the house. and were blessed with our first child last Christmas which slowed down remodeling a bit but has also opened our eyes even more to this amazing opportunity.

One child has not need in contact since they were 2 years old and not sure where they are located.

There may be further benefit, depending on your situation, for that U.S.A. corporation be a 100% child entity of a Canadian corporation: permitting favourable tax treatment of retained earnings paid from child to parent.As already stipulated, this is not an DIY area of real estate, seek out the guidance of an experienced professional.

I did this three years ago, but I only had one child (2 at the time).