you have to inspect BEFORE the sale. 

They can identify potential investment opportunities... not to mention all the tenant/landlord laws, eviction process, security deposits, accounting, end of year tax statements etc. lots of pitfalls to be avoided.wish you success in your ventures!

Kansas City is a solid market for steady cash flow opportunities.

There are no preconstruction listings for sale (they're used to be 20 at any given time).

We have substantial job opportunities here. 

(An LLC can be converted into in S-corporation.)In order for this to be a sale, you need to get paid its current FMV by your S-corp.

I'm not sure why one would choose to make an (active) investment that is break-even, when there are other (passive) opportunities for RE ownership that can produce cash flows - i.e. private equity/syndications. 

It’s a pretty big project but great opportunity.

Of course there is also market opportunity cost to consider.

In his words, this is away around the due on sale clause that you can run into in a sub - to transaction.My question - if the seller puts the property in a trust, will this avoid the potential of a due on sale clause?