The process is pretty simple, but it does involve extra steps compared to a traditional rental.

My name is Jared Smith and I have been involved in various real estate investments since 2006 when we did our first flip in the PNW all on a CC!

That is a steep price for anyone new looking to get involved. 

We found ourselves wasting an obscene amount of time doing our due diligence where we doubt that the vast majority of bidders actually understood the costs involved in the rehabs.

You may want to involve an attorney for the purchase and sale and mortgage agreements though... 

I wonder how involved would I still have to be if I hired representation?

We recently did a loan involving a borrower with a mind-numbing operating agreement involving nested LLCs, retirement plans, and individuals. 

A few questions:Have any of you been in a similar situation where multiple partners were involved?

Please do your research before getting involved with this "Guru"Many members of bigger pockets can attest to this.Regards,

However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.