So in this case the LLC is beneficiary of the trust, correct?

Is the property held in your name, a trust where you are the named beneficiary, or corp that you are part owner?  

This was true even though there were multiple beneficiaries. 

However, someone could see an ARV that they like and bid up the property to pursue the chance to own, fix and sell/rent the property.The point for newbies is to understand that you as the Mortgagee/Beneficiary are only due the sums owed under the terms of the note. 

Hammond already stated it is a very lengthy and risky process and involves lots of study and homework before even considering taking possession. 90% of it involves detective type work investigating and find out if there are any heirs,  beneficiaries, trustees, relatives neighbors or any other parties that may have any sort of equitable interest and said property.

If the PR lives in CA, the heirs/beneficiaries who live out of state, are motivated to sell.

Below are a few question I'm thinking about:- I assume best to hold title on property in a LLC and we both 50% beneficiary of LLC?

Hi Erik,Here's a brief overview of our investing career to this point; it's kind of the Tale of 2 Cities, as Denver home values were much lower in 2010 than they are today, and I've been the beneficiary of a nice tail wind during the recovery.

If you move the property into a trust that your LLC is the beneficiary of it will still trigger due on sale.

But the TRUST, was loaded, and O.J. was legally an beneficiary of.