There are two distinct definitions of a land trust: a private, nonprofit organization that, as all or part of its mission, actively works to conserve land by undertaking or assisting in land or conservation easement acquisition, or by its stewardship of such land or easements;[1] oran agreement whereby one party (the trustee) agrees to hold ownership of a piece of real property for the benefit of another party (the beneficiary)I am assuming your asking about the second one right

Continue to build the empire! 

Beach front, inland, inner city etc.

Seven years ago, I set out to build a real estate micro-empire, I started with one LLC.

Hey @Greg Martinez-torresundefined,I would recommend talking to either Heritage Title, Empire Title, or Unified Title when doing investments.

You could still move your girlfriends in your unit but meanwhile you could be collecting rents fir the other units as well .. i am a big believer that this is one of the best ways to house hack while you are still young .. in a short period of time you could be on your way to owning a small empire ...

Memphis is interesting, it's an inland port with distribution centers so there is a large transient population of workers who are looking to rent which probably accounts for the high rents compared to the low cost of entry. 

Anna Maria Inland seems to be a good place for short term rentals or Airbnb type .. its a pretty small area but very nice also .. i can only assume if your looking in that area you and your husband are looking upward of $350k up ( if you can even find something on the inland fir that ) its been a while since I have looked at the prices there ..

Not just owning 4 rentals but build an empire yes?

This and tenant-friendly law, mean it is not the place to start a residential rental empire.