With an irrevocable trust, for instance, the property is considered outside of the personal estate of the grantor, which can lead to different tax treatments compared to a revocable trust where the grantor maintains control over the assets.When it comes to capital gains tax, it's not just about whether the property is in a trust but also about how long the property was held, the basis at the time of transfer into the trust, and the selling price.

I am concerned about noise levels when my baby gets here, because newborns cry in the middle of the night and I truly am worried that we are going to have an issue with something that is out of my control, and me and my family are going to be out on the street because of that.

.- remember that you'll be paying all utilities if you rent by the room, so factor that into what you charge for rent, and consider using remotely-controlled nest thermostats so they can't jack the heat up beyond what any normal person would pay for (if you're in a cold area). the same could be said for a home with central air in a warmer climate.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?

You really have complete control on how much profit.  

Get rid of the small landlord who’s harder to control and replace them with the large landlord that’s easier to target. 

Seems to me like the worst of all possible worlds - you get a high risk investment (a random SFH) and zero control. 

As the winnin bidder, you get what is called a Special Warranty Deed which says that for the length of time the Trustee/Attorney controlled the property, they knew nothing new was added.

Don't speculate on realtor fees, appreciation, or anything you can't control. 

Where precisely is work?

These deals are hard enough to control and having to deal with the "Hatfield's and McCoy's" was a huge distraction.Good LuckJim