Account Closed My eyes were opened after reading the Creature From Jekyll Island. 

@Zach Quick sorry man...been out after surgery and just now getting to my feet...anyway, I personally prefer small multifamily (less than 50-units)...but we are opportunistic creatures you and I...so a deal is a deal.

 I’ve had tenants for years around this area some pay on the first or the month on the second and some  pay on the third I do have a late charge per day after the first but I’ve learned on my multi families just go there on the fourth and get the rent and that way I only make one trip otherwise I’m coming back chasing everyone down people unfortunately people are creatures of habit as long as they pay every month I’m fine with that and unpaid late charges  just come out of security per their lease  But I do agree  a new tenant you need to lay down the expectations and what things are and if  is no late charge in your lease you need to amend the lease 

Since people are creatures of habit, are tied down by work commitments, or family and society pressure to buy, those feeling the itch to buy in their loins are going to do so regardless of market timing.

There are different tax and legal consequences for any number of other types of business structures that may meet your needs.As for your concern with Trusts, they are a different creature entirely.

Very different creature though to what you have there in US. 

Contracts are creatures that benefit from first hand attention to detail by a trained attorney.

Finding an Investor Friendly Real Estate AgentAre you looking for the elusive creature they call the “Investor Friendly Agent”?

Contractors are a many varied and diverse creature and you need to be diligent and thorough in your search for the one that fits with your plans and goals.

Humans are just creatures of habit that get used to their paradigm and don't tend to change our views and interests unless forced.