Working this backwards, what I see is a 3rd party trying to benefit from another’s house via rental cashflow, My only business is 30+ years as probate estate and trust lending in CA.

Hi Chris, I don't have any context regarding the seller's situation so no comment on the land trust.

I went back to Memphis last year for the first time in six years to find all is as advertised with very minor exceptions.We have picture inspections done every four months, cost $75, because I'm a trust but verify guy.Good people, good service.   

It's important to keep in mind that everyone you hire is providing you a service - no one is guaranteeing you any outcome.

on the HML did U not get a first position mortgage or deed of trust with lenders Alta ?

I do engagement marketing in a trades focused field lending me to having very good relationships with tradespeople whom I consider friends- and I trust thoroughly.

Get a hold of a trusted lender and run through the options with them as well.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Do any of you have experience with one or more of the Delaware Statutory Trust companies such as Kay Properties & Investments, LLC?

Any guidance or referrals to professionals you trust would be greatly appreciated!