All you need to do is list the name of the Trust on the LLC incorporating document and that is sufficient.

Too many of you are not sufficient to truly be investing.2) Learn what your goal is with investing-- if it's "financial freedom" realize that'll take 15 years plus, at least, or a massive windfall/luck.

You can accept the no personal guarantee but counter with a slightly elevated lease amount, then offer he choice; lower amount with guarantee, higher without  

My goal is long-term appreciation on a property w/sufficient cash flow to make a long-term hold practical.

A friend may not be the best choice for a tenant. 

There are other choices and options for lower down payments as well. 

Casey6 months seasoning is probably your best choice.

Hardware is a personal preference and you’ll likely turn off some people with your choice.

Your business, your choice.

Downside on FHA is the Self Sufficiency rule where all units, taken at 75% of gross rents must at least equal the total mortgage payment including property tax, home  insurance and FHA monthly mortgage insurance.