I think this speaks to the importance of incorporating a repair/capex reserve when underwriting a deal. 

It can incorporate direct mail, door-knocking, or online marketing capturing seller contact info.  

@Dustin Cook If you are still working on education and just beginning your journey, I would incorporate your journey.

You could incorporate the "nice-guy" strategy and just sell it back to him. 

I wonder if making a graphical version of this information would be helpful to people? 

All I found was a link that said they were incorporated in July 2011.

Branding and good graphics are key. 

Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....

To analyze how this might work for you long term:take a 5 year timeline Calculate your cost of living during that time renting out the other half and incorporating increasing rents but also maintenance etc.

Depending on state taxes many investors find it quite advantageous to incorporate in other states and that includes the trust.