Is it that when transferring property into a land trust, you no longer need a new deed, the transaction is completed entirely by the creation and terms of the land trust?

. - The distance partner takes care of speaking with sellers/buyers, finding tenets, screening tenets, creation of leases & other contracts, finding financing, etc....

Wondering why you'd want this building - seems to me it is going to take too long to walk away with cash  - there must be a better use of the building and land - I guess you know what it is - So I would think that the seller has had this property for a long time, it didn't sell when it was listed or when he at it for sale - I am not a psychic - but I would guess he has back taxes and other liens or violations.You may want to give him a really low counter offer - to see how serious he is - I personally would want to contract the property with an offer subject to assignment with right of possession.

and Create additional LLC's for each 2-3 properties.2) Create California LLC to be the Holding LLC for the Indinapolis properties ( Pay initial LLC creation costs and yearly $800 fees) Any advice would be appreciated.

Cost of creation?

I had the pleasure of having coffee this morning with Two Investors who own a Park in North Carolina but hey Live in California.  They created their entity in California which I was a little thrown off by.  To the inv...

Similarly to how you think about improvements to a house and the tradeoffs to rent/value creation down the road, there is a risk/reward you need to balance with the legal piece to this investment vehicle.

I did the research to identify a city with great growth potential, job creation,  affordable homes among many other things.

Are you looking for entity creation?

As an exercise in mindset, networking, and value creation I would love to hear the problems YOU, as a real estate professional, are facing in the market today.