The LLC provides a liability firewall, and the trust provides some anonymity. 

First, here's the link to submit written testimony Just cite your displeasure with these proposals and please don't submit anonymous testimony, it gets discarded.The deadline to register by zoom is 3:00 PM today (2-27) to speak on Zoom at the hearing, here is the registration linkThe 3 Bills We Are Concerned AboutHB 6781, AN ACT ADDRESSING HOUSING AFFORDABILITY FOR RESIDENTS IN THE STATE.Link To The BillThis Bill contains these negative provisions;Increase fines to $2,000 a day for failure to maintain a property when it could be tenant caused damagesEliminates Lapse of Time Eviction in building with 5 units or moreRequires landlords to notify tenants of their rights in evictionsMakes denying a tenant based on their 5 year old eviction record a discriminatory actHB 6780 AN ACT CONCERNING TENANTS' RIGHTS.Link To The BillThis Bill contains these negative provisions;Limits your application fees to the cost of your screening reportForce owners to accept a tenants copy of a previous screening report and not charge an application fee...even if the report is possibly photo-shopped or from an inferior screening companyEliminates Lapse of Time Eviction in building with 5 units or moreRequires landlords to notify tenants of their rights in evictionsSB 4 AN ACT CONCERNING CONNECTICUT'S PRESENT AND FUTURE HOUSING NEEDS.Link To The BillThis Bill Contains these negative provisions;Institutes a rent cap at 4% increase plus a CPI adjustmentCreates an eviction moratorium between December 1 and March 31 so tenants you start to evict in August live rent free to next April!

An LLC is useful for two things: anonymity and legal protection.

(Trump does not use anonymous C corps - he has TRUMP in big letters on his buildings because my understanding is his attorneys use this very same technique)So the liens that strip the equity in your properties are not fake loans, they are created to truly capitalize a legal entity, hence the "economic reason" that holds up in court.Look it up on line and you will see there has not been one federal case challenging such an arrangement provided your liens were recorded "prior to" any lawsuit being initiated or filed against you.This structure saved an acquaintance of mine millions in a lawsuit on an apartment building in Chicago, where the litigants tenants wanted to slap him with punitive damages in the millions, but could not because there were no equity and if they would've won and gotten a charging order they (the plaintiffs) would've been stuck with a phantom income tax bill based on IRC 77-137Pursuant to Revenue Ruling 77-137, the IRS requires the judgment creditor in possession of a charging order to pay tax even though income was never distributed!

However, this would allow you to purchase with an LLC, and possibly offer you some anonymity while negotiating with a neighbor.

While there's a lot of good info for you here so far, here's a piece no one has yet mentioned ...Since you have no resources of your own, you're going to need to learn how to meet and attract people who can help you.I didn't see anything in your BP profile about where you are - remaining "anonymous" may work against you - but there should be some REIA groups you can tap into.

However, two reasons to use someone other than yourself come to mind; (1) anonymity.

Open a c-corp in Wyoming (for anonymity, also good for a partnership owning 50/50 as share holders)2.

@Michael Plaks @Darrin Carey I like to use the Series LLC with anonymity trusts for the Asset protection piece and it has the secondary benefit of also being pass through ("disregarded") for the asset holding company.

@Danielle Morton that's going to vary state by state and their own anonymity laws regarding LLCs (and probably how ticked off and motivated the HOA is).