In Illinois you can own properties in a land trust that is managed by an LLC.

But California also has pretty onerous land-use regulations that limit supply, and there’s been a lot less financial distress than people were expecting, with one of the lowest loan-to-value ratios on outstanding mortgages in the country.

In the process you are getting rid of the dross and dreck.Whether the property should be in land trusts or whatever is not your main concern.

I just landed an internship in a zoning office and I have been doing it all to raise funds to put towards my first investment property.

I have most LLC'S in my state where most properties are located.I do have a Wyoming LLC that is the beneficiary of a TN land trust that owns a cabin in Pigeon Forge. 

On that campground, we have a conditional use permit (CUP) and have been approved by San Bernardino County by land use services to modify the prexissiting CUP with some additional units, dry to wet campground, pool, gazebos, utility building, etc. it’s a big project.

I said go talk to your attorney I will trade you the house and some cash for the land so you will now own your house free and clear and not have to move.Attorney comes back with 225k for the land i give her another 100k in cash and we do the swap. 

It's the land/location that appreciates rather than the home.

To anyone that has experience in this, When it comes to mobile homes do I rent/ own the land and people pay to keep their home on the land?

My current exploration pertains to new construction and land development.