From what little interaction I did have, they were both real nice.The words trust but verify still ring trueGino I interviewed lane -I do not think they intentionally were out to scam people at all.

If someone sues you and wins, they can only take the LLC that owns the property that was involved in the lawsuit.Best: Using a combination of LLC and land trust to protect your rental properties.

Sounds like you have trust issues...

.- You will need to start a legal fund to access these companies.Individuals: you'll need to network to get to these people as they usually only do business with those they know, like and trust. - You'll have to learn how to be compliant with SEC requirements.Your other thread has responses from some pretty knowledgeable and experienced people.

Does anyone have any recommendations or trusted attorneys they've used to set up theirs?

And a recommendation for an agent and property manager that you know/trust, would also be a good tip.I know it's a lot, but I'm trying:) Thanks!

Communication, Trust, and generate options.Pick up the phone.

Ended up having to find new folks to finish the job, which was a lesson in vetting and trusting your gut.

The risks are:- non payment by buyer and must foreclose- lender calls the note dueThe answer to the 1st is to make sure there is a good down payment so dollar wise this does not harm seller.The answer tot he 2nd is to use a land trust and appear Garn St Germain compliant.Just my 2 centsAlan

Even if a property has clear title you probably cannot get title insurance on a property until you own the property a year because title companies won't trust the title searches because tax sales are so messy.You have to have clear title to get title insurance, but with a tax sale, you also generally have to own the property a year as well because that gives some time for any unknown issues to come forward.