Even the lender list on BP is not vetted.Like much in real estate, lending is a business based on relationships, not online anonymity.

Then doing some anonymous digging I found that for whatever reason, the platforms were pushing new listings up to the top and it didn't matter that they had bad reviews..

Here it is again for anyone that missed it:An LLC is useful for two things: anonymity and legal protection.

Right now I have my investments held in a self-directed IRA and then held in an LLC for liability protection and anonymity, so the people who's non-performing mortgages I own don't start calling my personal phone#, or come knocking on my door. 

Primary reasons are of course, asset protection and anonymity (to the extent possible).I talked with folks at a Nevada company and they recommend forming an LLC in Nevada and registering in the states where the property are located.

CNBC, working off anonymous sources, reported Dec. 4 that the billionaire who also runs SpaceX and The Boring Company has put his California houses on the market this year and he has told close friends and associates that he intends to move to Texas.Noting that Musk is the world’s second-wealthiest person behind Amazon’s Jeff Bezos, CNBC reports that Musk “spends most of his time between Austin, where Tesla and his tunnel start-up Boring Company have operations, and a coastal village called Boca Chica, home to a SpaceX facility."

Wyoming LLC is very cheap and easy to setup and provides for full anonymity (amongst other benefits). 

Hey BP community,Can you help me out & take this quick anonymous survey?

Real estate investing is a pretty forgiving world and the average person can still make money even with some pretty big mistakes.An LLC is useful for two things: anonymity and legal protection.

So, having the land trust is a good part of an overall strategy and can provide anonymity.